About Form 8995, Qualified Business Income Deduction Simplified Computation Internal Revenue Service
Most entrepreneurs and small business owners are prepared to pay their fair share in federal income taxes, but none want to pay more than they actually owe. Understanding and claiming…
Contact your QuickBooks Live Bookkeeper
You’ll also need to give them descriptions of any established capitalization or accounting policies for your business. They can also send PDF copies of key financial reports including your profit…
Software for every real estate portfolio
Yardi Breeze Premier offers a handful of plugins like utility billing and maintenance request tracking. For full-fledged customization, and complete access to their organic revenue growth definition library of hundreds…
The 6 Decision-Making Frameworks That Help Startup Leaders Tackle Tough Calls
He really rallied everyone around this theory that fast decisions, unless they’re fatal, are always better. I can be a little too “pedal to the metal” at times, and sometimes…
Reconciliation Finance, Definition, Process, Methods
Some of the possible charges include ATM transaction charges, check-printing fees, overdrafts, bank interest, etc. The charges have already been recorded by the bank, but the company does not know…
Accounts Receivable Turnover Ratio Calculation
You can use this average collection period information to compare your company’s receivables turnover time with that of other companies in your industry. Average accounts receivable is used to calculate…
FIFO vs LIFO Differences Examples & Formula
FIFO is required under the International Financial Reporting Standards and it's also standard in many other jurisdictions. In a period of inflation, the cost of ending inventory decreases under the…
Balance Sheet Example Template Format Analysis Explanation
These financial statements can only show the financial metrics of your company at a single moment in time. While this is very useful for analyzing current and past financial data,…
Accounting Outsourcing: How to Hand off Your Financial Tasks With Recommendations Bench Accounting
In this article, we’ll explain what exactly outsourced accounting is, what it covers, and how it can help your company. We’ll also flexible budgeting nurtures your business get started with…
Your Guide to Small Business Accounting
Marshall is a former Securities & Exchange Commission-registered investment adviser with a bachelor's degree in finance from Appalachian State University. Note that you’ll need to pay some payroll taxes, such…