Category Archives: Bookkeeping


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March 5, 2024
Hollywood Creative Accounting, or How to Hide a Hit and Still Profit From It

Especially when the production costs were less than a tenth of that, Paramount would later settle for $9000, rather than have their accounting methods scrutinized. Many insist on “gross points” (a percentage of some definition of gross revenue) rather...

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November 1, 2023
Remote Bookkeeping Services Virtual Bookkeeper

Unlike most other outsourced bookkeepers on our list, Merritt Bookkeeping doesn’t offer any in-house add-ons for payroll and tax services. If you were hoping for a one-stop shop that can tackle all of your financial needs, Merritt might not...

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October 17, 2023
15 Top Payroll Outsourcing Companies and Services in 2024

This can be a great option if you are self-employed and want to run payroll. The voluntary security and compliance standard SOC 2 is also recommended because it has clear guidelines on how to deal with sensitive data. Remote...

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July 11, 2023
How to Find the Best CPA or Tax Accountant Near You Reviews by Wirecutter

If you’re hiring a tax accountant to prepare your tax return, avoid fees based on a percentage of any tax refund. You don’t want there to be any incentives to claim tax breaks you’re not eligible for to increase...

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May 25, 2023
Best Construction Accounting Software 2024

Advanced reporting capabilities, providing insights into project performance, profitability, and cost overruns. Progress invoicing to manage milestone billing based on the completion of specific project phases. Construction companies often face complex tax regulations, especially when operating across multiple jurisdictions....

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April 6, 2023
Operating Cycle Definition, How to Calculate & Importance

An operating cycle tracks the time from buying inventory to getting cash from sales. It provides a comprehensive view of how efficiently a company’s assets are being utilized to generate cash flows. Keeping pace with rapid technological changes is...

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March 30, 2023
Audits Records Request Internal Revenue Service

Prior https://www.bookstime.com/articles/hotel-budget to 2021, the credit was available for people with household incomes ranging from 100% to 400% of the federal poverty level. For 2021 through 2025, some people with incomes over 400% of the poverty level can also...

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March 14, 2023
What is Owner’s Equity? How to Calculate it

If we add up all assets in a business and subtract any amount borrowed from creditors, we are left with the owner’s equity. In theory, this is the amount that the business owners can take home if a business...

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February 15, 2023
What is payroll accounting?

Instead of time-consuming manual payroll processes, some organizations opt for payroll software. Modern payroll services provide companies and employees with a cloud-based portal where they can set up and view their benefits and salaries. After determining payroll costs, you’ll...

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September 6, 2022
How To Get A Grant For Your Small Business

Also known as a proposal summary, an executive summary is essentially a brief synopsis of the entire proposal. It introduces your business, market segment, proposal, project goals — essentially, your grant request. They’ve likely received tens or even hundreds...

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