Course curriculum

    1. 1010 Access Software to Practice With - Options

    2. 1020 New Company Test File - Free 30 Trial

    1. 3010 Mileage Tracking for Taxes Overview

    2. 3020 axes - Business Car & Truck Expenses Deduction

    3. 3030 Car, Truck, Auto Expense Tracking for Taxes

    4. 3040 Milage Tracking - Enter Vehicles, Favorite Locations, Trips, & Run Reports

    5. 3050 Milage Tracking - Tax Adjusting Entry Using Class Tracking

    6. 3060 Milage Tracking – Reports by Month Using Excel & Adjusting Entry

    1. 3070 Tax Tracking for Home Office

    2. 3080 Tax Law Business Use of Your Home

    3. 3090 Home Office Expense Tracking Method One - Adjusting Entry

    4. 3100 Home Office Tracking Method Two-Tax Adj Class With Bank Feeds & Bank Rules

    5. 3110 Home Office Expense Tracking Method 3-Track Business & Personal Expenses

    6. 3120 Home Office Expense Tracking Method 4 - Track Business & Personal Using Draws

    1. 3200 Track, Approve, Upload, & Attach Receipts - Overview4cea4ad.autosave

    2. 3210 Create and Upload Receipts & Bank Feed Data

    3. 3220 Match Receipts to Bank Feeds & Bank Feed to Receipts

    4. 3230 Receipts Used to Reimburse Worker our Owner Paid Expenses

    5. 3240 Receipts - Set Up Forward E-mail238504.autosave

About this course

  • $49.99
  • 19 lessons
  • 6 hours of video content

Description

Welcome to "Mastering QuickBooks Online for US Income Tax Optimization" - your one-stop course for leveraging QuickBooks Online to efficiently manage and optimize your income tax obligations. Designed for freelancers, small business owners, and anyone seeking a robust understanding of QuickBooks Online in the context of U.S. income tax law, this comprehensive course offers practical insights and hands-on exercises to help you become proficient in using QuickBooks for your tax needs.

Key Learning Objectives:

1. Master Mileage Tracking Tool: QuickBooks Online's Mileage Tracking tool can significantly simplify your automobile-related tax deductions. We'll break down the process of logging and categorizing miles, while also explaining the intricacies of tax law related to automobile deductions. This practical understanding can be crucial for maximizing your automobile deductions and ensuring tax compliance.

2. Explore Home Office Deductions: Learn how to accurately track home office expenses for income tax deductions. The course includes a comparison of different methods, along with a comprehensive review of the relevant tax laws. By the end of this section, you'll be able to select and implement the most beneficial method for your specific situation.

3. Track and Upload Receipts: Discover how to capture, upload, and manage your receipts in QuickBooks Online. We'll also demonstrate how to use these receipts to record transactions or attach them to existing transactions. This module will significantly enhance your record-keeping skills, making tax season less daunting.