In this section, we’ll overview the six versions of QuickBooks, giving the pros and cons of each. Help us to improve by providing some feedback on your experience today. The answers to these questions should help you determine which plan is best for your business. Also, you can simplify and automate the process using Dancing […]
Catégorie : Bookkeeping
Bookkeeping
ITIN Application How to Get an ITIN Number Online, Requirements and How to Renew It 2024
22 novembre 2021The advantage to using Certifying Acceptance Agents (CAAs) is that for primary and secondary applicants (like a spouse), the CAA can certify that your documents are original and make copies to send to the IRS. That way, you won’t have to mail your originals or copies certified by the issuing agency. A current passport would meet […]
Prepare, stay informed, and exercise patience to get the necessary forms submitted accurately and expediently. Many applicants are trying to get into the Federal Student Aid (FSA) Office web site to complete the FAFSA, the Free Application for Federal Student Aid. The FAFSA is required to qualify for federal financial aid and by most higher […]
Form 1120, Schedule L (Federal Return) relative to the corporation’s fiscal year ending the calendar year of the report. The tax rate under this method is $350 per million or portion of a million. If the assumed par value capital is less than $1 million, the tax is calculated by dividing the assumed par value […]
The par value is also the amount upon which the entity calculates the interest that it owes to investors. Thus, if the stated interest rate on a bond is 10% and the bond par value is $1,000, then the issuing entity must pay $100 every year until it redeems the bond. Thus, par value is […]
Trade discounts and sales discounts are the two main types of discounts in accounting that might occur in businesses. Trade discounts take place when the seller reduces the sales price for a wholesale customer, such as on bulk orders. Sales Discounts is a contra revenue account that records the value of price reductions granted to […]
In accordance with IAS 18 Revenue, the initial sale would have been recorded as debit Receivables $1,500 credit Revenue $1,500. Though non-traditional, these businesses are still required to pay taxes and prepare financial documents like any other company. They should also account for their inventories and take advantage of tax deductions like other retailers, including […]
Market value is used by lenders, buyers and sellers to estimate the appropriate selling price given current market conditions. It’s essentially the value that assessors attempt to come up with before applying the assessment rate. Does the assessed value have anything to do with the actual market value of a home? The appraisal value of […]
If you’re selling a property, the tax-assessed value is the most widely accepted dollar value of your home. It’s important to know because it plays a role in how your property tax bill is determined. Plus, if you’re looking for a home, knowing the assessed value may give you a bargaining chip if the sale […]
I pay off the Work card in installments each month, I am no longer using it to purchase anything, just paying off the balance. ClearTech’s virtual corporate cards can help you set limits per employee, department, transaction or vendor, allowing you to gain full visibility and control over your spend. With ClearTech AP automation software’s […]