Tax Question - Exporting Files
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Hi everyone - just curious if people export data for tax purposes monthly, quarterly, or just yearly into something like quickbooks? What pattern or advice do you have, in this area, as well as withholding certain amounts to pay yourself or do you pay your taxes, etc monthly as well as my financial advisor thought using something ADP monthly was a good idea - thoughts and experiences, thank you

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    Melissa Thompson

    Coming from a bookkeeper I recommend reconciling simple practice data to your data in QuickBooks on a monthly basis. I don't think we can export to QB anymore, and even if we could I recommend using the bank statement from your business account to reconcile QB.
    Using a payroll service to withhold and pay taxes is a good idea and comes at a minimal expense.

    Coming from a bookkeeper I recommend reconciling simple practice data to your data in QuickBooks on a monthly basis. I don't think we can export to QB anymore, and even if we could I recommend using the bank statement from your business account to reconcile QB.
    Using a payroll service to withhold and pay taxes is a good idea and comes at a minimal expense.