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March 2, 2023
what is FTE

What Is FTE And How To Calculate It?

What is FTE? Full-time equivalent or FTE is used by businesses to calculate the full-time hours worked within their business among all employees. It would not […]
March 1, 2023

CPA Vs. Accountant: What’s The Difference?

Accountants and CPAs have their Places within a business. Both are finance experts who help firms achieve compliance with the laws, balance cash flows, and utilize […]
February 24, 2023

What’s The Difference Between Gross Pay And Net Pay?

As a business owner, you are responsible for the livelihood of those employed. Thus, it is a must for you to know the difference between gross […]
February 21, 2023
irs mileage rate 2023

Tax Season 2023: Understanding Standard IRS Mileage Rates

Taxpayers can maximize their returns in multiple ways. There are numerous tax credits and deductions, like the IRS Mileage Rate 2023, to help ease the tax […]
February 17, 2023
Outsourced Accounting

How Outsourced Accounting Helps Small Businesses Survive A Recession

The year 2022 saw the pandemic subside and record-high inflation steals the limelight. Believe it or not, the US is nearing a recession as the economy […]
February 14, 2023
how to make your business recession proof

How To Make Your Business Recession Proof In 2023

In the ever-volatile global economy, recessions remain a possibility. You cannot turn blind to the likelihood of an economic downturn and envision an ideal tomorrow. The […]
February 3, 2023

What Is Perpetuity? A Complete Guide

A security or bond that pays dividends or returns ad infinitum is perpetuity. In the business world, the term helps businesses know their market value and […]
February 2, 2023
what is a deferral in accounting

Deferral In Accounting Defined: What Is It & Why Use It?

Accrual-based accounting is the go-to method for public and private businesses as it is simple. However, tracking finances this way is easier said than done, as […]
January 26, 2023
marginal cost formula

What Is Marginal Cost, Its Formula, And How To Calculate It?

Small and medium businesses long for ways to win a competitive edge and beat the market. Economies of scale enable them to do the same and […]