Monily - Page 12 of 36 - Your Bookkeeping & Accounting Partner
July 5, 2023
What Is EBITDA and How Its Calculated Guide For Small Businesses

How To Calculate EBITDA And What Are Its Pros & Cons

What Is EBITDA Margin?   Financial metrics play an important role in evaluating the health of a company. One such metric is the EBITDA margin, which measures […]
June 29, 2023
Current Ratio What It Is and How to Calculate It

Detailed Guide To Understand And Interpret Current Ratio 

What is the current ratio?   Are you familiar with the current ratio? It’s a financial metric that assesses a company’s ability to settle its immediate debts […]
June 28, 2023
What is the IRS Fresh Start Program

What Is The IRS Fresh Start Program?

What is the IRS Fresh Start Program?  Regarding taxes, it’s common for people to catch up on their payments. The reasons for this can vary, but […]
June 27, 2023
Fintech and Traditional Banks

Fintech And Traditional Banks: Competition Or a Win-Win Collaboration?

As the world becomes more digitized and technology advances at an unprecedented rate, the financial industry is pressured to keep up. Traditional banks, long known for […]
June 26, 2023
What is FUTA

What Is FUTA And How Does It Impact Your Business In 2023

What is FUTA?     FUTA is a federal law that requires employers to pay unemployment taxes to support the federal-state unemployment insurance program. The program provides temporary […]
June 23, 2023
what is QBI deduction

What Is The QBI Tax Deduction, And Who Can Claim It?

What is the qualified business income deduction?   The qualified business income (QBI) deduction is a tax deduction for individuals who own and operate certain types of […]
June 22, 2023
What is deferred revenue in accounting, and why its a liability

What Is Deferred Revenue In Accounting And Why Is It a Liability

What is deferred revenue?   Deferred revenue, also known as unearned revenue or advance payments, refers to the money that a company has received from its customers […]
June 21, 2023
What is SG&A

What Is SG&A And How To Calculate It

What is SG&A?   SG&A stands for Selling, General, and administrative expenses. It is an accounting term that describes the costs associated with running a business that […]
June 16, 2023
S Corporation vs LLC Differences & Benefits

S Corporation Vs LLC: Differences & Benefits

What is LLC?   LLC stands for Limited Liability Company. It is a type of legal entity that is separate from its owners, also known as members. […]