29
Sep
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No Comments on Gross vs Net Difference and Comparison Bookkeeping
Gross vs Net Difference and Comparison
Depreciation is the cost of buying long-term assets (like business vehicles and equipment). The current year’s cost is included in Schedule C and on the Income Statement. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC layer, and a wholly owned subsidiary of BofA Corp. However, you can claim tax relief under section 89 against[…]
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Nov
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No Comments on Words That Start With P Bookkeeping
Words That Start With P
A common digraph in English is ⟨ph⟩, which represents the sound /f/, and can be used to transliterate ⟨φ⟩ phi in loanwords from Greek. In English orthography and most other European languages, ⟨p⟩ represents the sound /p/. If you want to cite this source, you can copy and paste the citation or click the “Cite[…]
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Jan
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No Comments on How to Include Cost of Goods Sold on Your Business Tax Return Bookkeeping
How to Include Cost of Goods Sold on Your Business Tax Return
The costs of outplacement services you provide to your employees to help them find new employment, such as career counseling, resume assistance, skills assessment, etc., are deductible. Licenses and regulatory fees how small businesses can prepare for tax season 2021 for your trade or business paid annually to state or local governments are generally deductible.[…]
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Oct
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No Comments on Industry Financial Ratios Bookkeeping
Industry Financial Ratios
Also known as the ‘times-interest-earned’ ratio, this is used by lenders, creditors, and investors to gauge the risk factor involved in lending capital to the company. In other words, the interest coverage ratio is a measure of the safety margin a company has to pay interest on its outstanding debt during the accounting period. These[…]
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Apr
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No Comments on Bookkeeping Pricing Plans & Packages Bookkeeping
Bookkeeping Pricing Plans & Packages
Try us for free—we’ll do one prior month of your bookkeeping and prepare a set of financial statements for you to keep. You can also book a call with your bookkeeper (or send them a message) whenever you’d like. There’s no extra fee or hourly charges for support—we’re always happy to nerd out about bookkeeping[…]
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