The Brilliant Blog

Business news, tax policy updates, pro accounting tips, tutorials for QuickBooks, software reviews, & more.
Tax

Our Olympic Champs Get a Tax Break

In addition to winning an Olympic medal, winners are compensated by the U.S. Olympic Committee with tax-free prize money:

Tax

Were You Affected by a Disaster Loss?

If you are impacted by federal disaster declaration, you may be eligible for tax filing deadline extensions and other tax...

Business, QuickBooks, Tutorials

How to Use QuickBooks Desktop’s New Customer Groups

You can now create groups of customers and automate the process of sending payment reminders with QuickBook’s new set of...

Tax

Understanding Tax Lingo

To understand tax articles and instructions written by tax professionals and authors, one needs to understand the basic terminology :

Tax

What You Need to Know About the IRS and Tax Audits

An audit from the IRS can be intimidating. The more prepared and better represented you are, the greater your chance...

Tips

Why should you reconcile your bank account?

Bank reconciliations are an essential part of the small business bookkeeping process...

Tax

Should You Get an IRS Identity Protection PIN?

IRS assigns Identity Protection PINs (IP PINs) are to prevent misuse of social security numbers. Why should you get one?

Tax

Understanding the Taxation of Cryptocurrency Transactions

You should be aware of specific tax issues if you have owned, purchased, sold, gifted, or used cryptocurrency in business...

Tax

October Extended Due Date Just Around the Corner

Here are the October extended due dates that may apply to you: