I am an accounting / Bookkeeping professional working in the US for my US-based clients, Now I want to partner with one of the contractors who I use to outsource my bookkeeping clients. He is an experienced with exceptional qbo ...
  1. Hi there, if the bookkeeper is overseas the best option, in my opinion, is to continue as a contractor. Adding him/her as a partner means you are giving equity ... Read more

I recently took a new client who is a Shopify seller, he is using multiple gateways including Shopify payments and Paypal. currently, his Paypal is connected with qbo and creating a mess due to duplicated transactions, I would like to ...
  1. Hi there, when you have a client with a large number of transactions running through Paypal I would not advise you to use the QBO to PayPal sync. As you stated ... Read more

I had questions regarding capital losses for taxes. So this year, I have made money from stocks and also lost money from stocks. Overall, I am down around 20,000 dollars in stocks. So then can I deduct $3,000 from ordinary ...