As an accounting professional, you know there are potential tax-related upsides and downsides for every type of business entity. It’s important to communicate those considerations to your clients to ...
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Financial accounting: What you need to know
Learn what every business owner needs to know about financial accounting, accounting software and financial statements.
When you start your business, a choice is made regarding the business entity that the business is organized as. Although some business owners remain a sole proprietor under a DBA, also known as "doing ...
Revenue Procedure 2018-44 modifies two revenue procedures from earlier this year to say that an eligible terminated S corporation that’s required to change from the overall cash method to an overall ...
The law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, provided for a reduction in the income tax rate imposed on C corporations under Sec. 11(b). Given the significance of the reduction, ...
Learn the essential components and how-to of an accounting manual, a vital resource containing your business's accounting policies, procedures, and guidelines.
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