You must fill out a Schedule C, also known as “Form 1040, Profit and Loss,” for all business activities for which you are the sole proprietor and you haven’t formed a separate business entity with your state, such as a limited liability company (LLC) or corporation. Filling out the Schedule C is relatively easy once…
How To
How to Fill Out Form 943—Instructions & Mailing Addresses
Form 943, the Employer’s Annual Federal Tax Return for Agricultural Employees, is a federal tax form used to report the amount of taxes withheld from an employee’s pay. Agricultural employers that have paid wages subject to FICA taxes or federal income tax withholding to one or more farm workers throughout the year must file Form…
4 Ways to Print Payroll Checks Online for Free
Finding ways to print payroll checks online for free is a good option if you have employees who prefer checks over direct deposits. All you need is a printer, check stock, and magnetic ink, and you can usually print within minutes. However, free services are generally limited—some only allow one check per day. In addition,…
How To Use Classes and Locations in QuickBooks Online
To use classes and locations in QuickBooks Online, you must first enable and set them up properly. Once switched on, you can create new classes and locations—depending on the needs and structure of your business—and then start assigning them to various transactions, including invoices, expenses, and bills. This information then becomes available in various reports,…
7 Steps to an Effective Personal Selling Process
Personal selling involves direct communication via phone, email, or video conference, or in person between a sales rep and a prospect or potential customer. Salespeople must have an in-depth understanding of the personal selling process to handle objections quickly, build strong relationships, and reduce churn—which is when customers discontinue a service or opt not to…
8 Steps to Get a North Carolina Real Estate License 2024
If you’re a North Carolinian who wants to get a real estate license and become a provisional broker, you’ll need to complete 75 hours of prelicensing courses. You must also meet the legal requirements outlined by the North Carolina Real Estate Commission (NCREC), submit a license application, get a background check, and pass the real…
7 Steps to Get a Texas Real Estate License 2024
Embarking on a career in Texas (TX) real estate provides a lucrative opportunity to help others achieve homeownership. As regulated by the Texas Real Estate Commission (TREC), prospective agents must complete 180 hours of coursework, pass the state licensing exam, submit to fingerprinting and a background check, and align with a sponsoring broker to kick-start…
How To Enter a Partial Payment in QuickBooks Online
You can enter a partial customer payment in QuickBooks Online using the Receive Payment form. This allows you to locate the outstanding invoice, enter the required details, such as the customer and the partial payment amount, and then apply the partial payment. Similarly, you can make partial payments to vendors using the Pay Bills screen….