Wajiha Danish, Author at Monily - Page 2 of 11

Wajiha Danish

October 4, 2023
form 8832

What Is IRS Form 8832 And How To File It

Tax form 8832 is used by partnerships or Limited Liability Companies (LLCs) to pick or change their tax classification. In short, Form 8832 lets taxpayers elect […]
September 29, 2023
Operating Cash Flow

What Is Operating Cash Flow And How To Calculate It?

Exploring Operating Cash Flow (OCF)   Operating Cash Flow, often called cash flow from operating activities, is like a snapshot of a company’s financial health. It […]
September 20, 2023
Equity Financing

What Is Equity Financing? What Are Its Advantages?

Equity financing might be an appealing option if you’re a small business owner searching for funding to fuel your company’s expansion. However, before delving into the […]
September 13, 2023
Business Entity Principle

Business Entity Principle – What It Is And Why It Matters

The business entity principle emphasizes the necessity of maintaining distinct and separate accounting records for a business entity, ensuring that its financial transactions are kept apart […]
September 7, 2023
How to Calculate sum of years digits depreciation

How To Calculate Sum Of Years Digits Depreciation?

Companies acquire physical resources and tangible assets to enhance their business value. Examples include vehicles, machinery, cash, inventory, equipment, and land. These assets have a finite […]
August 31, 2023
7 Steps - How to Set Up Payroll for Small Business

How To Setup Payroll For Small Businesses: A 7-Step Guide

Running a small business comes with a multitude of responsibilities, and one of the most crucial aspects is managing and setting up payroll. Ensuring that your […]
August 23, 2023
What is Accounting Compliance and Why is it Important

What Is Accounting Compliance And Why Is It Important?

In the world of finance and business, regulatory compliance plays a crucial role in ensuring transparency, accountability, and ethical practices. One industry where regulatory compliance is […]
August 17, 2023
How a Personal Financial Statement Can Help You Manage Your Finances

What Is Personal Financial Statement: A Comprehensive Guide

Managing your finances is crucial for achieving financial stability and long-term goals. One of the fundamental tools at your disposal is the personal financial statement to […]
August 11, 2023
Form 2553

Form 2553 – Everything You Need To Know

If you’re a business owner or entrepreneur looking to optimize your company’s tax structure, Form 2553 is a powerful tool you should consider. Whether starting a […]