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October 14, 2023
What is Variable Expense? Managing your money can feel tricky when you can’t control all your expenses. Some costs, like car payments, always stay the same. […]
October 13, 2023
The term “gross sales” is a common one in the world of business and finance. It helps us understand how much money a company has earned […]
October 12, 2023
Year-to-Date (YTD) calculations serve as a valuable tool across a multitude of industries, including business management, accounting, and finance. They provide an efficient means of assessing […]
October 6, 2023
Accountants and bookkeepers use “account reconciliation” to ensure all the transactions are recorded correctly in the company’s financial records. It helps keep track of the company’s […]
October 5, 2023
Financial forecasting is like looking into a crystal ball for your business’s money. It helps us guess how much money we might make or spend in […]
October 4, 2023
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
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 28, 2023
Have you hired any employees for your small business this year? Managing employment taxes, specifically federal unemployment (FUTA) taxes, is essential when you have a workforce. […]
September 27, 2023
What does a tax write-off mean? Businesses frequently use write-offs to deal with losses related to various situations. On a financial statement, a write-off usually involves […]