Catégorie : Bookkeeping

Your company’s earnings before interest and taxes (EBIT) are pretty much what they sound like. This number measures your revenue, taking all expenses and profits into account, before subtracting what you expect to pay in taxes and interest on your debts. The times interest earned…

Unlike the three previously mentioned contra accounts, contra revenue accounts are not listed in the balance sheet but are written near the top of the income statement. Contra revenue accounts typically offset revenue accounts in a firm’s income statement. As mentioned, businesses use contra revenue…

Though a company may be sitting on $1 million today, the company may not be selling a profitable product and may struggle to maintain its cash balance in the future. You would not include prepaid insurance, employee advances, and inventory assets since none of those…

It can also be integrated with over 1,000 other programs, including accounting systems, vendors and inventory companies, and payroll companies. It can even be used to generate custom integrations if necessary. Restaurant owners not only worry about all the things other business owners worry about,…

Our expert team is not just proficient in bookkeeping, but they are also well-versed in local New York tax laws and understand the ins and outs of taxes specific to your industry. Experience a novel way of handling your bookkeeping with Bench—we’ve got your NYC…

Hiring a good accountant can help a small business owner decide on the right entity type, understand tax filing requirements, and offer strategic advice to maximize profits or minimize their tax liability. Debra Kilsheimer and Harold “Hal” Hickey of Behind the Scenes Financial Services in Port Orange, Florida,…

When today’s workers retire, they’ll tap into the benefits being paid by tomorrow’s workers. By law, how to file taxes for ebay sales federal income taxes collected on benefits go into the government’s Social Security and Medicare trust funds, meaning they contribute to future benefit payments.…

Linda Rost started Better Bookkeepers in 1999, and since then the team has worked for over two decades. In this time, we’ve developed bookkeeping solutions for countless unique, small businesses and honed razor-sharp attention to detail. We’re proud of our professional reputation and the quality…

We also help with tax debt resolution, emergency tax services, audit defense, IRS investigations, and much more. Reach out to Silver Tax Group to speak to a tax expert about the AUR and any IRS notices you receive. The AUR unit is responsible for identifying…

Electronic transfers include direct deposits, wire transfers, and online transfers. Direct deposits and online transfers are often free, but they can take a couple of days to process. Moreover, they are integral to the banking system, as banks utilize deposited funds to finance loans for…