Bookkeeping

Content Best Law Firm Accounting Software for 2023 Use financial data to make better business decisions Improve your law firm’s cash flow Contact Management Accrual accounting It’s no wonder, then, that one survey reports that 54% of small businesses recognize the value of working with a certified public accountant or an accounting firm. When it […]

Contents: Common Bookkeeper Tasks: Do I need to rent office space for my bookkeeping business? Understanding Assets, Liabilities, and Equity When Balancing the Books Also, make sure your computer is password-protected, and that no one but you signs into it. If you want your business to save time and money then, yes, you should consider

Industrial and manufacturing businesses rely on controllers to manage costs and improve process efficiency. Financial controllers working in this sector need industry-specific forecasting and analytics skills. Regardless of the policies and procedures established by an organization, internal controls can only provide reasonable assurance that a company’s financial information is correct. Internal controls help companies to

Content 8863/8917 – Education Credits and Deductions Form 8863 – May Not Qualify for Refundable Portion of American Opportunity Credit Tax Forms Notice WHAT IS A 1098-T FORM? Tips for IRS Form 8863 Did the student complete the first 4 years of postsecondary education before 2021? For Paperwork Reduction Act Notice, see your tax return

Aside from analyzing a company’s investment in its fixed assets, the CapEx metric is used in several ratios for company analysis. The cash-flow-to-capital-expenditures (CF-to-CapEx) ratio relates to a company’s ability to acquire long-term assets using free cash flow. The CF-to-CapEx ratio will often fluctuate as businesses go through cycles of large and small capital expenditures. Detail

Generally, those markdowns relating to the customer-education factor (or just over-buying . . . again) will be permanent markdowns. These markdowns may be referred to as “backroom” markdowns, “bulk” markdowns or “permanent” markdowns. These markdowns serve to devalue the inventory for reporting purposes decreasing both insurance and taxes (if applicable). Remember, the markdown can be

Content Analyzing the Potential for Insolvency About Federal Courts Maintaining Good Relationships with Creditors What to do with an insolvent company Insolvency Warning Signs to Watch Out For Jordan’s total adjusted basis of $4,000 in qualified property held at the beginning of 2023. The total adjusted basis of qualified property you held at the beginning