[카테고리:] Bookkeeping

Depending on where you fall within a tax bracket, deductions could knock you into a lower tax bracket, reducing how is sales tax calculated your tax liability or increasing the size of your tax refund. The tax system imposed by the federal income taxes is based on marginal taxes, implying that various amounts of your income […]

He has been a manager and an auditor with Deloitte, a big 4 accountancy firm, and holds a degree from Loughborough University. The Create Revenue Recognition Journal Entries page includes revenue due to post from variable schedules based on project completion. But when change orders are included and estimates change as the project goes along, […]

When filing your income tax return, the IRS allows you to deduct one-half of your self-employment tax. This amount is similar to allowing an employer to deduct the employer share of FICA taxes if you worked for an employer instead of being self-employed. While this deduction doesn’t directly lower your self-employment tax, it does lower […]

This guarantees that the asset’s Book Value is brought down to its Salvage Value or zero by the end of its statutory life. A $10,000 asset with a 40% rate would take $2,000 of depreciation in Year 1 ($10,000 x 40% x 0.5). The Year 2 expense is calculated using retained earnings the full rate […]

This valuable service is particularly important for start-ups requiring financial fitness and seeking to raise capital. Their team averages 20 bookkeepers in boston years of financial leadership experience. Fractional CFO services start at just $500 monthly.GAAP-based accounting ensures compliance and accuracy. Financial Coaching Their team can provide forensic accounting to identify possible fraud, serving as […]