Chuyên mục: Bookkeeping

• Individual Taxpayer Identification Number Internal Revenue Service

  by: qcv Bookkeeping 0 2021-03-04 01:35:37

  You can file Form W-7, Application for IRS Individual Taxpayer Identification Number (ITIN), with your federal income tax return. You must also include original documentation or certified copies from the issuing agency to prove identity and foreign status. An ITIN is only for use with federal tax filings and does not change a person’s residency […]

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• How to Read Income Statement: Expert Guide to Financial Analysis

  by: qcv Bookkeeping 0 2020-11-24 05:12:37

  This figure directly affects the shareholder’s equity section of the balance sheet. These two metrics serve as effective tools for tracking a company’s profitability from different vantage points. Pre-tax income offers a view of operating performance without the noise of regional taxation, while net income includes all factors for a comprehensive view of actual profitability. […]

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• Google Sheets Expense Tracker with Template

  by: qcv Bookkeeping 0 2020-10-16 10:40:37

  When analyzed over time or comparatively against competing companies, managers can better understand ways to improve the financial health of a company. No balance sheet statement is complete (in my opinion) without an income statement to go along with it. Current liabilities refer to debts or financial obligations that must be settled within a year. […]

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• Your Guide to Small Business Accounting

  by: qcv Bookkeeping 0 2020-07-27 03:48:58

  This less expensive option still delivers high-level accounting expertise. Accounting firms generally charge by the hour, though some analytic functions cost more than others. If you are unsure, weigh the initial costs against what a firm can save your company over time. Like revenue, expenses include costs accrued through primary and secondary business activities. Primary […]

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• The Best Accounting Software for Small Businesses in 2024

  by: qcv Bookkeeping 0 2020-06-26 11:40:57

  Besides keeping you cognizant about your business’ past and present performance, small business accounting also helps in generating invoices and completing payroll. However, the IRS and most states require quarterly payroll reports and any remaining quarterly payments. Again, it’s best if your payroll service provider completes these reports and files them. Your job is to review […]

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