At Intuit®, we’re constantly working to make improvements to help you run your businesses more efficiently. Here’s a summary of our most recent enhancements in QuickBooks® Online (QBO) To see our previous update, click here.

A Brand New Navigational Experience in QBO and QBOA

Based on feedback, we are excited to roll out new navigation changes to QBO, in an effort to improve your productivity, efficiency and online experience.

You will notice significant enhancements in many areas, including banking, sales (money in), expenses (money out), employees, reports, taxes, accounting and apps. In addition, the new interface requires fewer clicks to get to key activities and has personalization to match customer needs.

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“I know it’s up for me

If you steal my sunshine

Making sure I’m not in too deep

If you steal my sunshine.”

These catchy lyrics were penned by musician Marc Costanzo, one half of the brother-sister-led Toronto-based band Len, a one-hit wonder whose “Steal my Sunshine” single rose to the top of the charts in several countries in 1999 and was nominated for a Juno award in 2000. (It lost to the Tragically Hip’s “Bobcaygeon.”)

But it appears Costanzo may have been “in too deep” when it came to his personal taxes, the Tax Court of Canada found in a decision released last month.

Read more from Financial Post

 

Called the “biggest individual and business tax cut in American history,” this week’s long-anticipated U.S. tax reform announcement had four stated goals: growing the U.S. economy and creating “millions of jobs,” simplifying the “burdensome” U.S. tax code, providing tax relief to middle-income American families and, perhaps most significantly, lowering the U.S. business tax rate from one of the highest in the world to one of the lowest.

Let’s take a look at how the new, proposed U.S. tax changes compare to our Canadian tax system for individuals.

Read more from Financial Post

 

With so many of us constantly on the go and working remotely, it’s no surprise that the #1 request we get from small business owners who enable employees to track time is to offer time tracking on mobile. In response to this, Intuit® created a new and exciting mobile time tracking experience to simplify the process and make your business more productive.

This is a change for more than 170,000+ time-tracking-only QuickBooks® Online (QBO) Plus customers worldwide. While time tracking will still be fast and easy, it will now sport a fresher appearance that takes on the QBO look and feel you have become accustomed to using.

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In the midst of uncertainty surrounding our neighbours to the south, particularly regarding U.S. tax reform, the Liberal government delivered a modest federal budget that is focused on skills training, innovation and how Canada will promote sustainable growth.

With high expectations of growing the Canadian economy, the government outlined a forecasted deficit of $28.5-billion, up from $27.8-billion, and laid out a long-term vision that expands on measures implemented in the Liberal’s first budget.

Here are the top items small business owners need to know about how the 2017 federal budget may impact them:

Read more from Globe and Mail