Piercing the Corporate Veil

To be honest, a good deal of our clientele comes to our firm because of a problem with taxing entities.  One of the most common reasons that we see is a business owner that has “pierced” his or her “corporate veil”.  What does that term mean exactly?  While there are...

Quickbooks Training Case Studies

As an accounting office that provides tax preparation services we see some “interesting” entries in clients Quickbooks files each year.  What one client may view as a “marketing” expense an accountant may view as “meals and entertainment”.  We have seen partial month...

Is Using Quickbooks A Pain In The A**?

In a 2015 blog post it was estimated that Quickbooks held an 80% share of the accounting software market space. Quickbooks has broken its business into two market segments. The 400,000 accountants that serve small business, and the 5 million small businesses that use...