For example, doctors, recently, leveraged the prowess of AI-based technologies to predict breast cancer during earlier stages. The areas of research and experiment involve situations that are prone to risks.…
Posts published in “Bookkeeping”
You may also even be able to tag payments and categorize them based on expense type. The most common taxes to be withheld are federal income tax, state income tax,…
Hootsuite limits you to a maximum of 20 social accounts, but that should be more than enough for most users. It also comes with up to five users—Sprout Social requires…
In this article, we are going to answer the top 10 questions you should ask yourself when deciding whether you need an accountant for your business. Yes, unless an LLC…
This type of budgeting is a more detailed and accurate means of budgeting as it focuses on the specific activities that drive expenses. For companies, it helps them to allocate…
If the rented space was used to manufacture goods, the rent would be part of the cost of the products produced. Marilyn points back to the basic accounting equation and…
To compute income tax, multiply your pre-tax income by the appropriate state tax rate. Comprehensive income excludes owner-caused changes in equity, such as the sale of stock or purchase of…
REITs can specialize in just one type of property, such as hotels and resorts, retail centers, or storage facilities. You can also find REITs that offer a broader mix of…
Similarly, the iPhone maker, whose fiscal year ends in September, had $70.4 billion in retained earnings as of September 2018. Retained earnings and profits are related concepts, but they’re not…
While tax preparers are essential for many individuals and small businesses, there are instances when the expertise of a certified public accountant comes into play. CPAs have a broader scope…