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GP CPA’s arch-nemesis, Intuit, is raising prices across the board. That isn’t even the worst part, as Intuit will be offering “live” bookkeeping as an add-on service for their QBO subscribers.
That announcement means that Intuit will now be competing directly with a large part of their reseller network, also known as “Pro-Advisors”. Life is going to be getting really tough for the “Pro-Advisors” when they have to distinguish themselves from the Intuit sponsored robots and live chat bookkeeping. However, if Intuit’s live bookkeepers are anything like their customer support, the future looks good for the rest of us! Xero to the rescue, once again…
If you are a QBO
hostage user or worse – QuickBooks Desktop – and have ever wondered if there is a better way forward, the answer is a resounding yes! Xero is the complete opposite of QBO, competent, easy to use, connected, and a true cloud platform.
There was never a “Xero desktop” program that had to be adapted into the cloud, which explains why Xero is a much better native cloud experience. Below are some links about Intuit’s announcement, for casual reading or if you are looking for a sleep aid with virtually no side effects.
Let’s join the conversation and kill off bookkeeping once and for all! Long live bookkeeping…
We are glad to inform you that Justin Prusiensky, Chief Executive Officer of the GP CPA P.C. was featured on WCNC Charlotte coverage about “Are Unemployment Benefits Taxable”.
I received funds from the Restaurant Revitalization Fund (RRF) program, now what do I do with the money?
First off, the funds are expected to be spent before the end of 2021, as an annual report to the SBA will be required at some point in the future. We are still waiting for guidance from the SBA regarding what this annual report will look like. It may make sense to draft a spending plan or budget to make sure all of the funds are spent on time and in accordance with the program rules. GP CPA can help you with this planning, so you can prevent a surprise surplus of funds. Spend wisely and timely!
How to Persuade Clients to Change Banks. Listen to Justin Prusiensky’s Guest Appearance on the Relay Financial Webinar
Our expert accountant Justin Prusiensky was recently interviewed as a guest speaker by Relay Financial to discuss how to persuade clients to change banks.
Congress extended some of the tax breaks retroactively to January 1, 2018. They now expire on December 31, 2020. Learn more about tax breaks that have been extended.
GP CPA offers a wide range of business advisory services that are tailored to the needs of business owners. For those small businesses who need someone to keep the books, we can do that.