News You Can Use | QuickBooks for Contractors blog

04Jun 2014 by Nancy Smyth

Simple Controls You Can Put Into Place to Discourage Fraud

As a business owner, there are many simple controls that you can put into place to discourage fraud from happening. Small business owners never intend to leave their doors wide open to theft and white collar crime – it just sort of happens; and unfortunately, small businesses have every reason to be concerned about fraud. Fraud is often a cost of doing business that is hidden from view and unfortunately most business owners only know about fraud only when it's discovered; after the fact and then it is sometimes too late to do anything. Eliminating fraud completely isn't possible, but with reasonable actions made by the business owner, it's impact can be limited. Preventing fraud from occurring in the first place, however, is a win-win situation. This final article in…

28May 2014 by Nancy Smyth

Business Susceptibility to Theft and White Collar Crime – Are You a Target?

News You Can Use

Small businesses are very susceptible to theft and white collar crime, as a matter of fact, a staggering number of businesses falter and even fail because someone on the inside - an employee, vendor or even a partner - steals money, goods, data or intellectual property from an organization. Our first article in this series discussed the Early Warning Signs or "Red Flags" of Fraud. For small businesses, the median loss due to theft and white collar crimes is greater than what has occurred in Fortune 500 companies. In fact, one third of all business bankruptcies are due to employee theft and American businesses lose 7% of their annual revenues to fraud. According to a 2012 study by the Association of Certified Fraud Examiners, a vast majority of fraud is…

21May 2014 by Nancy Smyth

Warning Signs & Red Flags of Fraud – Are Your Employees Stealing From You?

News You Can Use

Learning the warning signs and red flags of fraud can help business owners prevent and detect fraudulent activity. A staggering number of businesses falter and even fail because someone on the inside - an employee, vendor or even a partner - steals money, goods, data, or intellectual property from the organization. In fact, one third of all business bankruptcies are due to employee theft and American businesses lose 7% of their annual revues to fraud! I recently had the opportunity to participate in a webinar called, Stealing More Than the Secret Recipe - Identifying and Safeguarding Against Business Fraud, with two really great ladies; Kimberly Shannon of Off-Site Business Services, Inc. and Shamese Shular of SHU Books. Each of us had specific topics relating to business fraud and I've…

09Dec 2013 by Nancy Smyth

Sunburst’s Weekly Wrap-Up of Popular Posts 12/2 – 12/8/2013

News You Can Use

Here at Sunburst, we specialize in QuickBooks for the construction industry – and we have an incredible amount of information between our three QuickBooks related websites; so much so that sometimes people are overwhelmed – I know I am in trying to keep it all straight! Below is a list of the most popular posts and pages from the Sunburst Software Solutions, Inc. family of QuickBooks related websites according to AddThis tracking stats. From the QuickBooks for Contractors blog: Q & A: QuickBooks Employee Payroll Reimbursements & Job Costing QuickBooks Tip – Job Costing Starts With A Simple Item QuickBooks Tip – Determing Cost of Goods Sold QuickBooks 2013 Upgrade Do’s, Don’ts & Frequent Questions QuickBooks Tip – Child Support Garnishments How To Turn On and Use Manual Payroll in…

02Dec 2013 by Nancy Smyth

Sunburst’s Weekly Wrap-Up of Popular Posts 11/24 – 12/1/2013

News You Can Use

Here at Sunburst, we specialize in QuickBooks for the construction industry – and we have an incredible amount of information between our three QuickBooks related websites; so much so that sometimes people are overwhelmed – I know I am in trying to keep it all straight! Below is a list of the most popular posts and pages from the Sunburst Software Solutions, Inc. family of QuickBooks related websites according to AddThis tracking stats. From the QuickBooks for Contractors blog: QuickBooks at Year-End: Getting Ready for 1099?s QuickBooks Tip – Job Costing Starts With A Simple Item Searching For the Right Time Tracking Add-On for QuickBooks? Cleaning Up Your QuickBooks File at Year End Using Account Numbers in Your QuickBooks Chart of Accounts QuickBooks 2013 Upgrade Do’s, Don’ts & Frequent Questions…

25Nov 2013 by Nancy Smyth

Sunburst’s Weekly Wrap-Up of Popular Posts 11/16-11/22/2013

News You Can Use

Here at Sunburst, we specialize in QuickBooks for the construction industry - and we have an incredible amount of information between our three QuickBooks related websites; so much so that sometimes people are overwhelmed - I know I am in trying to keep it all straight! Below is a list of the most popular posts and pages from the Sunburst Software Solutions, Inc. family of QuickBooks related websites according to AddThis tracking stats. From the QuickBooks for Contractors blog: QuickBooks Year-End Tip – Tracking 1099 & W-9 Information Cleaning Up Your QuickBooks file at Year End QuickBooks 2013 Upgrade Do’s, Don’ts & Frequent Questions QuickBooks Payroll Tip – Tracking Employee Advances or Loans Using Account Numbers in your QuickBooks Chart of Accounts Calculating & Displaying Fringe Benefits on a Certified…

18Nov 2013 by Nancy Smyth

Weekly Wrap-Up 11/9 – 11/15/2013

News You Can Use

Below is a list of the most popular posts and pages from the Sunburst Software Solutions, Inc. family of QuickBooks related websites according to AddThis tracking stats. From the QuickBooks for Contractors blog: Windows, QuickBooks & 3rd Party Apps - The Struggle Within How to Turn On and Use Manual Payroll in QuickBooks How Well Does the New QuickBooks 2012 Condense Feature Work? Using Account Numbers in Your QuickBooks Chart of Accounts QuickBooks 2011 - New Balance Sheet by Class Report - Part 1 From the main Sunburst Website: What is Certified Payroll? How Do I fill out the report? Welcome to Sunburst Software Solutions, Inc. From the Learn to Use QuickBooks in your construction business website: Employee New Hire Information & Checklist QuickBooks for Contractors Bookkeeping Tips & Training

13Apr 2013 by Nancy Smyth

InformedContractors.com – A New Resource for Contractors

From Our Guest Bloggers, News You Can Use

Diane Dennis of Monk and DBug, LLC, known as "Diane at TheContractorsGroup.com" since 1999, is launching a new website and newsletter focused on making life easier for contractors - InformedContractors.com. This is Diane's 4th in a series of construction-related websites, all of which focus on providing information that her readers specifically have requested. Each newsletter from InformedContractors.com is made to keep up with the busy contractor rather than slow him down, because it: is designed to be read in 5-10 minutes has one article (written by an industry expert) answering reader's questions provides practical solutions for contractors to increase their income (and efficiency) while decreasing their hassles Early on in Diane's contracting career, she learned that there was painfully little information available for contractors. Now she feels the exact opposite…

03Aug 2012 by Nancy Smyth

Weekly Wrap-Up: News You Can Use 7/27-8/2/2012

News You Can Use

Weekly wrap-up of news and information from around the web – there’s so much information out there that it’s difficult (at best) to keep up! I’ve added a WordPress plug-in that grabs information from my Twitter stream to help me (and hopefully you as well) keep up with everything. Look for the Weekly Wrap-Up: News You Can Use every Friday. I’ll try to be consistent and organize the information into the same categories each week It’s been an insanely busy week here and I didn’t get to spend as much time on the internet surfing and reading as I normally do - but here's what I found that was interesting. Accounting & Taxes ARTICLE: What to Look for in a Construction CPA https://t.co/UXOu0CU5 -> A gallery of previous ABBO (Accountants,…

27Jul 2012 by Nancy Smyth

Weekly Wrap-Up: News You Can Use 7/20/2012 – 7/26/2012

News You Can Use

Weekly wrap-up of news and information from around the web – there’s so much information out there that it’s difficult (at best) to keep up! I’ve added a WordPress plug-in that grabs information from my Twitter stream to help me (and hopefully you as well) keep up with everything. Look for the Weekly Wrap-Up: News You Can Use every Friday. I’ll try to be consistent and organize the information into the same categories each week It's been an insanely busy week here and I didn't get to spend as much time on the internet surfing and reading as I normally do. Accounting & Taxes Why was my voice not Heard by The AICPA? https://t.co/I5J9NqCw -> Doom Awaits the Student Loan Defaulters https://t.co/Ce3JEqGu via @bruce_taxguy -> An IRS Audit..and They Require…

20Jul 2012 by Nancy Smyth

Weekly Wrap-Up: News You Can Use 7/13-7/19/2012

News You Can Use

Weekly wrap-up of news and information from around the web – there’s so much information out there that it’s difficult (at best) to keep up! I’ve added a WordPress plug-in that grabs information from my Twitter stream to help me (and hopefully you as well) keep up with everything. Look for the Weekly Wrap-Up: News You Can Use every Friday. I’ll try to be consistent and organize the information into the same categories each week. (Technorati claim token 3JSYVT43VAMQ). Accounting & Taxes Oregon Tax Scam Could Have Been Much Bigger| AccountingWeb | https://t.co/ZcFla7kn -> Do you need to file a tax return https://t.co/K0JwKyt3 via @bruce_taxguy -> Senate Republicans Vote Down Small-Business Tax Breaks : The World :: American Express OPEN Forum https://t.co/muNkjKLj via @OpenForum -> Should You Get an…

29Jun 2012 by Nancy Smyth

Weekly Wrap-Up: News You Can Use 6/22/2012-6/28/2012

News You Can Use

Weekly wrap-up of news and information from around the web – there’s so much information out there that it’s difficult (at best) to keep up! I’ve added a WordPress plug-in that grabs information from my Twitter stream to help me (and hopefully you as well) keep up with everything. Look for the Weekly Wrap-Up: News You Can Use every Friday. I’ll try to be consistent and organize the information into the same categories each week. Accounting & Taxes DOD spends $21 million a year on late payment penalties https://t.co/WcHSn7fq -> IRS Faces Uncertainty on Affordable Care Act https://t.co/mEKyHM7T -> The Helping Hand of the Student Loan Assistance https://t.co/s68YcMnf via @bruce_taxguy -> Joshua Wilson CPA: BASIC GIFT TAX FACTS: ANSWERS TO SOME COMMON GIFT TAX QUESTIONS » Gift taxes are https://t.co/LiOaWAjz…

22Jun 2012 by Nancy Smyth

Weekly Wrap-Up: News You Can Use 6/15/2012-6/21/2012

Be A Better Bookkeeper, Certified Payroll/Prevailing Wage, Construction News, IRS Information, News You Can Use, Payroll Tips, QuickBooks Corner, Social Media, Webinars & Training

Weekly wrap-up of news and information from around the web – there’s so much information out there that it’s difficult (at best) to keep up! I’ve added a WordPress plug-in that grabs information from my Twitter stream to help me (and hopefully you as well) keep up with everything. Look for the Weekly Wrap-Up: News You Can Use every Friday. I’ll try to be consistent and organize the information into the same categories each week. Accounting & Taxes A letter from a Bookkeeper https://t.co/nr0twsHi via @bruce_taxguy -> How I answered the letter https://t.co/WIa8lzll via @bruce_taxguy -> IRS "repair regulations" can be overly complex https://t.co/O9Ix29KR -> Is Remortgaging Equity Release Debt a Good Option? https://t.co/TRNXJ9Ue via @bruce_taxguy -> 3 Strategies to Help You Conquer Your Debt https://t.co/aLTQtJQX via @bruce_taxguy ->…

16Jun 2012 by Nancy Smyth

Weekly Wrap-Up: News You Can Use 6/8-6/14/2012

News You Can Use

Weekly wrap-up of news and information from around the web – there’s so much information out there that it’s difficult (at best) to keep up! I’ve added a WordPress plug-in that grabs information from my Twitter stream to help me (and hopefully you as well) keep up with everything. Look for the Weekly Wrap-Up: News You Can Use every Friday. I’ll try to be consistent and organize the information into the same categories each week. Accounting & Taxes ARTICLE: What to Look for in a Construction CPA https://t.co/UXOu0CU5 -> Planning Your Accounts Receivable Collections https://t.co/HtxlaiHg -> How the IRS Feels About Employer Provided Cell Phones https://t.co/NQ7wvv2q -> eBooks, Webinars & Videos eBook: Learn About AIA Billing & How To Fill Out an AIA G-702/G-703 https://t.co/Hc3jyNIn -> eBook: Payroll Mistakes. It's…

10Jun 2012 by Nancy Smyth

Weekly Wrap-Up: News You Can Use 6/1-6/7/2012

News You Can Use

Weekly wrap-up of news and information from around the web – there’s so much information out there that it’s difficult (at best) to keep up! I’ve added a WordPress plug-in that grabs information from my Twitter stream to help me (and hopefully you as well) keep up with everything. Look for the Weekly Wrap-Up: News You Can Use every Friday. I’ll try to be consistent and organize the information into the same categories each week. Accounting & Taxes IRS to Step up Audits of Sole Proprietors https://t.co/yXwpoSGM -> Does your QuickBooks file agree to your Tax Return? - https://t.co/Wzah0P9q -> Year End Tasks for Filing Taxes https://t.co/1GNu8sQQ -> Think You Can’t Afford to Pay Your Payroll Taxes-Think Again https://t.co/vnEDD6fU -> Be Prepared for Wage & Hour and IRS Audits https://t.co/6y1npe1l…