Accounting Solutions for a Healthy Business113 DownloadsThe financial health of your business is paramount. But navigating the complexities of accounting and taxes can feel overwhelming. This is where accounting solutions […]
Real Estate Accounting and Taxes124 DownloadsReal estate accounting involves managing the finances of your property investments effectively. Here are some key points to help you grasp the basics: Let’s learn […]
Taxation of LLCs229 DownloadsLLCs are flow-through entities by default meaning the LLC itself doesn’t pay taxes and the profits (or losses) flow through to the owners. This avoids double taxation […]
Clean Set of Books Equal Stress-Free Tax Season248 DownloadsAbsolutely! A well-prepared and clean set of financial statements is a game-changer when it comes to tax season for any business. A […]
The Importance of Proper Employment Classification262 DownloadsProperly classifying workers as employees or independent contractors is crucial for both businesses and individuals, with significant implications for taxes, rights, and responsibilities. Let’s […]
Tax Savings Retirement Plans278 DownloadsAs an S corporation owner, you wear many hats. You’re the CEO, the marketing team, the janitor – and, most importantly, your own chief financial officer. […]
Operating Expenses vs Capital Expenses for Rental Properties302 DownloadsNavigating the financial intricacies of real estate investments, particularly rental properties, can be a complex endeavor. Among the key considerations for landlords […]
Cost of Goods Manufactured308 DownloadsCost of Goods Sold (COGS) and Cost of Goods Manufactured (COGM) are two important accounting concepts for businesses that produce or sell physical goods. While they […]
Cost of Goods Sold314 DownloadsCost of Goods Sold (COGS) is an important accounting concept for businesses that sell physical goods. It represents the direct costs associated with producing or acquiring […]