7 Crypto Tax Mistakes to Avoid in 2026
Seven crypto tax and recordkeeping mistakes to check before filing, including swaps, wallet transfers, Form 1099-DA, cost basis, and staking rewards.
What Is Form 1099-DA and Why Did I Get One?
Form 1099-DA reports certain digital asset dispositions. Learn why basis may be blank, what proceeds mean, and how to reconcile the form with your records.
How to Rebuild Crypto Records After an Exchange Bankruptcy
When an exchange bankruptcy disrupts your records, preserve the evidence, reconstruct the transaction trail, and separate missing data from tax conclusions.
How to Tell Whether Your QuickBooks Books Are Accurate
A current bank feed does not prove your books are accurate. Use five checks across reconciliations, the Balance Sheet, profit, tax accounts, and transfers.
Which Transactions Drive Your Washington Sales Tax Liability?
Trace Washington sales tax liability from the report to individual transactions, then check taxability, location, exemption support, and payments.
Why Retained Earnings Can Be Negative in QuickBooks
Negative Retained Earnings can reflect real prior losses or incorrect entries. Learn which reports to compare before making any correction.
Why Washington Sales Tax Reports Can Be Wrong in QuickBooks
Three common reasons QuickBooks sales tax reports differ from Washington filings are item taxability, sale location, and the way DOR payments were recorded.
How to Fix a Large Undeposited Funds Balance in QuickBooks
A large Undeposited Funds balance needs transaction-level review. Follow five checks to trace payments, identify duplicates, and avoid a balancing entry that hides the cause.
Bookkeeping Diagnostic vs. Cleanup: What Each Service Does
A diagnostic identifies and documents bookkeeping problems. A cleanup performs the corrections. See what each service covers and how to choose the right first step.
Why Does My Form 1099-DA Show a Higher Gain?
A blank basis field on Form 1099-DA is not a zero basis. Learn how to trace the sale to its acquisition and reconcile broker proceeds with your records.
Behind on Your Books? How to Start a QuickBooks Catch-Up
Start a QuickBooks catch-up with statements, a reliable opening balance, complete imports, and monthly reconciliations. Avoid duplicate entries and forced balances.
3 QuickBooks Habits for Busy Seasons
Three practical QuickBooks habits for busy seasons: review cash commitments, capture expense records, and reconcile before reviewing profit.
LLC vs. S Corp vs. Sole Proprietorship
Compare sole prop, LLC, S corp, and C corp for a Washington business: liability, federal tax, B&O, Washington payroll costs, and when an S corp may pay off.
QuickBooks Automation vs. a Monthly Bookkeeper
QuickBooks automation handles data entry, but it cannot reconcile every account, split a loan payment correctly, or prove your books are complete.
Contractor vs. Employee in Washington: IRS and State Tests
A 1099, contract, or business license does not decide worker status. Compare the IRS test with Washington unemployment, workers’ compensation, and wage rules.
QuickBooks Online Bank Feed Rules: A Safe Setup Guide
Set up QuickBooks Online bank feed rules with narrow conditions, correct matching, controlled auto-post, and statement reconciliation.
