QuickBooks and Tax Preparation

Descripción

This course will present the tools necessary to allow QuickBooks to be a complete tax information "hub". The course will primarily focus on how to setup QuickBooks from scratch for owner's of small businesses who use Schedule C for tax reporting purposes. This is not a tax preparation course or is this a complete QuickBooks course , but it will focus on how to setup QuickBooks Desktop and QuickBooks Online to provide the relevant to information needed to accurately and efficiently prepare Schedule C tax returns.

Lo que aprenderás

• Understand QuickBooks Tax Reporting Features.
• Understand how to link the chart of accounts to the Schedule C Tax form.
• Understand how to setup the fixed asset and items list for tax purposes.
• Understand how to generate tax reports.
• Importing tax information from QuickBooks into TurboTax.

Requisitos

• No prerequisites as this course will focus on the basic connection between QuickBooks and Small Business Tax Returns.