Bookkeeping

However, most people already use a payroll software so that they don’t have to worry about filing reports and making payments and deposits, so this may […]

A company’s total outstanding shares include shares across the entire market, whether they are held or available. It is specific to that stock, not the industry […]

If your business is very large with more than $1m in annual revenue, having a separate CFO will certainly pay off. Once your business hits $50m […]

Department of Labor as anyone who regularly makes more than $30 a month in tips. This constitutes most front-of-house restaurant employees such as servers, runners, hosts, […]

In the past, the only royalties that musicians had to worry about came directly from sales or media plays. Thanks to the proliferation of platforms like […]

If you used listed property more than 50% in a qualified business use in the year you placed it in service, you must recapture (include in […]

If you and your spouse file separate returns, you are treated as one taxpayer for the dollar limit, including the reduction for costs over $2,700,000. You […]

CapEx includes costs related to acquiring or upgrading capital assets such as property, plant, and equipment. These expenses, unlike operating expenses, can be capitalized for tax […]

You can prevent many of these mistakes by relying on a trial balance to keep track of your financial transactions. The trial balance is now ready […]