• pragati
• September 8, 2023
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Content The Pass-Through Entity Tax (PTET) Obscuring Collections Trends What is the NY Tax Rate? Loan Calculators Long-Term Residential Care Credit hash-markCan You Avoid NYC Income Tax? Real Property Tax Credit Tax tables for Form IT-201 US Salary Comparison Calculator Joint filers face the same rates, with brackets approximately double those of single filers. For example, the upper limit of …

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• March 6, 2023
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Content Nicole McOmber, CPA Accrual Basis Method Is it time for a change? How Jonas Construction Software Can Help You Build the Perfect Chart of Accounts Why Having an Accountant on Retainer Is Important This method of revenue recognition is simple and straightforward, and it’s often used by small businesses that don’t have complex accounting processes in place. An accounting …

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• October 24, 2022
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Content Do You Need An EIN? How do I apply for an EIN? How do I look up another business’s EIN? Compare Small Business Loans Deciding If You Need an EIN What is the difference between a FEIN and tax ID number? When you open a new business, applying for an employer identification number may need to be near the …

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• May 5, 2022
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Content Affiliated Company Total Inventory Method Period Unrealized Loss or Gain on Long-Term Investments Marketable Securities Trial Balance While collecting a monthly installment on a customer purchase financed 18 months ago shows cash flowing into the business. Noncorporate investors may exclude up to 50 percent of the GAIN they realize on the disposition of qualified small business stock issued after Aug. 10, 1993, and …

• pragati
• November 30, 2021
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Contents: Example 1: Business Purchases Using Credit Debits and credits Dictionary Entries Near double entry The Double-Entry Accounting System Whereas, the owner’s claim on the business is recorded on the left side of the Capital Account. As a result, the difference between the two sides, if any, reveals the amount owed by the business to the owner. Whereas, the right …

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• November 15, 2021
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Content G&A Partners ADP Efficiently Manage Day-to-day Operations and Compliance Which Option Is Best for My Business? Full Service vs. Individual Solutions These complicated laws also come with a significant increase in required documentation, which is why this is a threshold where HR support for small businesses becomes necessary. At Visiting Angels, we have been working with Kellie Boysen and …

• pragati
• August 31, 2021
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Content A final word on construction accounting fundamentals Submitting taxes via Making Tax Digital Small business guide to exporting from the UK Accounting Pricing for Construction Companies Step 4: Bookkeeping Let the experts look after your books! Almost every business that sells goods or services is subject to VAT (the value-added tax charged at every point of sale for eligible …

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• July 2, 2021
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For example, let’s say that your company has a lot of debt leading to high-interest expenses. Each of these metrics shows a profit at different moments of the production cycle and earnings process. COGS refers to the direct costs incurred in producing the goods and services sold by a company. If your sales are up, but your margins are down, …