by hannan | May 14, 2024 | Bookkeeping
Although you might find all the features you want in your payroll software, deploying it without reliable customer support and comprehensive training resources will interfere with success. Customer support teams should be available not only when finding suitable...
by hannan | May 14, 2024 | Bookkeeping
For both sales and purchases, it’s vital to have detailed, complete records of all transactions. You’ll need to note the amount, the date, and any other important details to ensure you can accurately summarize your finances when it comes time for tax season. Purchase...
by hannan | Dec 28, 2023 | Bookkeeping
Note, however, the special rules for Schedule B (Form 990), a required schedule for certain organizations that file Form 990-EZ. Make sure the forms and schedules are clear enough to photocopy legibly. For more information on public inspection requirements, see...
by hannan | Dec 6, 2023 | Bookkeeping
References to federal income tax withholding don’t apply to employers in American Samoa, Guam, the Commonwealth of the Northern Mariana Islands (CNMI), the U.S. Virgin Islands (USVI), and Puerto Rico, unless you have employees who are subject to U.S. income tax...
by hannan | Oct 6, 2023 | Bookkeeping
Our first guinea pig will be Microsoft (MSFT), and we will use the latest 10-k to calculate the numbers. I will screenshot the company’s balance sheet and highlight the inputs for our ratio. Installment debt is when you receive the total loan amount at the beginning...
by hannan | Jul 3, 2023 | Bookkeeping
The Federal income tax also has a standard deduction, personal exemptions, and dependant deductions, though they are different amounts than Oregon’s and may have different rules. Remember that Oregon may have very different deduction laws from the...
Recent Comments