Danh mục: Bookkeeping

References to federal income tax withholding don’t apply to employers in American Samoa, Guam, the Commonwealth of the Northern Mariana Islands (CNMI), the U.S. Virgin Islands (USVI), and Puerto Rico, unless you have employees who are subject to U.S. income tax withholding. Contact your local tax department for information about income tax withholding. In general, […]

You’ll want to check with your department of revenue to learn your state’s filing requirements since some have different rules. You’ll also need to submit a copy of the forms to each locality where municipal tax was withheld during the year if you’re in a state with local income taxes. Set a reminder for yourself […]

We will collaborate with you to determine the most effective ways to improve your business. Our accountants and consultants will get to know you and the daily operations of your practice. With a full grasp of your business, they can provide more effective service. This team approach is unique in accounting, and we believe it […]

Simple Start is a good starting point for most small businesses, especially those that don’t need to enter bills, track billable hours, and manage projects and inventory. It includes payroll processing, which allows you to calculate and track payroll taxes, and it lets you track assets and liabilities and use automated sales tax on invoices. […]

Issuing common stock is recorded as a credit to the common stock account and a corresponding debit to the cash or other asset account received in exchange for the shares. This reflects an increase in the company’s equity and cash or other asset balances. These added risks and uncertainties of investing in stocks explain why […]

Issuing common stock is recorded as a credit to the common stock account and a corresponding debit to the cash or other asset account received in exchange for the shares. This reflects an increase in the company’s equity and cash or other asset balances. These added risks and uncertainties of investing in stocks explain why […]

This situation is aggravated further when a company uses some form of accelerated depreciation (as most large companies do). The amount of depreciation becomes smaller as the assets become older. Thus, new investments are discouraged because they will reduce a division’s ROI, at least in the short run. The use of some form of return […]

Its rankings directly influence your brand’s visibility and accessibility to potential customers in the awareness stage. To measure your brand’s impressions, you can use Google Ads or social media platforms’ analytics tools to track and report how frequently your content appears to users. By analyzing impressions data, you can gauge your targeting strategy’s effectiveness in […]

This includes metrics like cash flow and gross profits, balance sheets, and profit and loss (P&L) statements. Ecommerce accounting also includes running financial reports such as profit and loss statements and cash flow statements. Think of these as the owner’s manual for your business—your financial statements and reports represent everything you need to know about the workings […]

It can afford that high variable expense ratio because it can reach its break-even point quickly, covering its fixed expenses with a relatively low number of projects. Businesses can use variable cost ratios to identify opportunities where reducing costs can make the biggest impact on overall profitability and cost-efficiency. To continue the furniture seller example, […]