Three QuickBooks Tools to Help Small Businesses Succeed During Tax Season

Three QuickBooks Tools to Help Small Businesses Succeed During Tax Season
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Your small business doesn’t have to be in bad shape during tax season. QuickBooks is like a shield for your money; it has three tools that make tax time less stressful and more doable. Let’s look at how QuickBooks Online, QuickBooks Self-Employed, and QuickBooks Payroll can help you get through tax season.

1. QuickBooks Online: The Best for Accounting

Calculator and financial charts representing QuickBooks analytics

QuickBooks Online updates the way you run your business’s finances for the 21st century. It’s a full, simple tool that keeps your money in order and available anywhere and at any time. Say goodbye to old files and hello to clear, up-to-date financial information.

Tracking income and expenses more easily

QuickBooks Online’s best feature is that it makes it easy to keep track of your income and expenses. It keeps your purchases up-to-date and organized by syncing directly with your bank and credit card accounts. 

This gives you a clear picture of your business’s financial health. This smart technology not only saves time but also lowers the chance of making mistakes when doing things by hand.

  • Automatic Updates and Categorization: You don’t have to do your books by hand anymore; this does it all for you, so you can focus on building your business.

Making financial papers ready for tax time

When it’s time to do your taxes, this is your best friend because it makes it easy to make detailed financial reports that are ready for the IRS. You can change these reports to fit your needs and be sure you’re ready to file your taxes without any stress.

  • You can get customized reports right away. Need detailed financial records or a list of all your expenses? With this, it’s easy to do your taxes.

Create and send professional invoices with smart invoicing software. Get payroll done right, and payroll taxes done for you. Whether you’re a new user or pro, get your questions answered with one of our free, live webinars.

2. QuickBooks Self-Employed: The Freelancer’s Financial Companion