Webb Tax Service

7 Bookkeeping Habits Every Entrepreneur Should Adopt

Good bookkeeping is a foundational aspect of a healthy business. Keeping careful track of the money within your business is critical to its success.

What Are Account Detail Types in Quickbooks?

If you’re planning to keep track of your business’s financial records using Quickbooks, you’ll need to familiarize yourself with the accounting software’s detail types. Whenever you create an account in Quickbooks — expense account, income account, liability account, etc. — you’ll be prompted to choose a detail type. It’s important that you choose the right detail type because this will affect the subcategory in which the…

How To Set Default Invoice Template In Quickbooks

If you send invoices to customers and clients on a regular basis, you may want to define a default template. Granted, you can always manually choose a template during each time you create an invoice, but a smarter (and faster) method is to set a default template. Doing so will automatically include your custom template each time you send an invoice, allowing you to focus on other aspects of running and managing your business<br>How To Set Default Invoice Template<br>To set a…

How to Change Date Format in Quickbooks

Looking to change the date format in Quickbooks? While most users prefer the default date format, others prefer a different solution. Thankfully, Quickbooks gives you the option to choose your preferred date format. Changing it is relatively simple and should take no more than a coupe minutes of your time. Now let’s take a closer look at how to change the date format in Quickbooks<br>If you look in your actual Quickbooks account, you won’t see an option to change the date format.…

5 Common Mistakes to Avoid on Your Tax Return

When it comes to filing your tax return, learn about the five common mistakes people make and how they can be avoided.

Forgot Something on Your Tax Return? It's Not Too Late to Amend the Return

If you discover that you forgot something on your tax return, you can amend that return after it has been filed. The need to amend can be because of:

Most Common Tax Return Mistakes

A majority of tax returns are e-filed to the IRS, making your return on your refund much faster … unless, you do one of these common mistakes that can delay your return from being processed. Double…

Extra Money in the Bank? Fun Ways to Spend Your Tax Return from Peerless-AV

Paying taxes, it’s part of being an American. And with that, each year we mull over receipts, bank statements, W-4s, and the like to hopefully earn back a little extra cash from our annual tax return. In recognition of Tax Day this year, Peerless-AV thought it would be fun to create a list of ways you could spend your tax return. Read on for a list that includes options for small, practical uses, to larger elaborate and potentially unrealistic purchases and investments. Practical…

What Are Tax Organizers, and Why Are They Risky When Filing Your Tax Return?

Getting organized is never a bad idea, especially when tax filing season rolls around. That’s why you may be surprised to learn of the legal risks inherent in a tax organizer. For the unfamiliar, a

6 Common Tax Return Mistakes That Could Cost You

It's important to file an accurate tax return free of errors. Check out these six common tax return mistakes and how to avoid them.

Does Your Teenager Need to File an Income Tax Return?

Learn about whether or not your teenager should file an income tax return and the reasons why here from TurboTax Canada.

Which Small Business Tax Return(s) Do I Need to File?

If you're a business owner or work for yourself, it's critical to select the appropriate business tax return to file with the IRS. Learn about each form now.

Who's The Right Tax Services Pro For Your Small Business?

Are you neglecting critical elements of your small business? Having a valuable tax and finance partner is essential to your success. Do you have the right one?

4 Quarterly Tax Reporting Mistakes You Don’t Want to Make

Most entrepreneurs don’t get too excited about filing taxes. Self-employment taxes can be high and it can also be a challenge to keep all your financials organized throughout the year. The fact tha…

What Happens if You File a Tax Return Late?

Being late with a tax return has financial consequences whether you owe or are owed money. Read on to learn more.

What will new tax codes do to your tax return?

Smart Finance Ideas for Investing Your Tax Return

Filing your tax return…on your phone?

Filing your tax return is always a laborious process, but there's an easier way – via your smartphone.

Do You Pass Inspection as a Tax Return Preparer?

The IRS has specific criteria for qualified tax return preparers.

Did You Overlook Something on a Prior Tax Return?

It is not uncommon to discover that an item of income was overlooked, a deduction was not claimed, or that an amended tax document was received after the tax return was already filed. Regardless of whether the oversight will result in more tax due or a refund, it should not be dismissed.