Tax Exemptions For Non Profits

Tax Exemptions For Non Profits

Tax exemption for nonprofits in the United States is granted under section 501(c) of the Internal Revenue Code (IRC). Nonprofit...

Your Business Check List to Prep for Tax Day

Your Business Check List to Prep for Tax Day

Preparing for Tax Day involves several important steps to ensure compliance and minimize stress. Here’s a checklist to help businesses...

Accounting for your startup

Accounting for your startup

Choosing the right accountant for your startup is crucial, as they can provide valuable guidance and support during your initial...

Fun Facts on the History of Accounting in the USA

Fun Facts on the History of Accounting in the USA

Here Are Some Fun Facts on the History of Accounting in the USA The history of accounting in the USA...

Dividend Accounting

Dividend Accounting

Dividend accounting refers to the process of recording and reporting dividends paid to shareholders by a company. Here are the...

The Differences Between Financial Accounting or Management Accounting?

The Differences Between Financial Accounting or Management Accounting?

Financial accounting and management accounting are two distinct branches of accounting that serve different purposes within an organization. Here are...

Cash base accounting VS Accrual-based accounting

Cash base accounting VS Accrual-based accounting

Cash base accounting VS Accrual-based accounting Cash Basis Accounting: Recognition: Revenue and expenses are recorded only when cash is received...

Accuracy is Key!

Accuracy is Key!

According to SCORE the top reasons businesses fail are: Poor cash flow Lack of clarity of the company vision or...

BOI Reporting

BOI Reporting

Companies required to report are called reporting companies. There are two types of reporting companies: Domestic reporting companies are corporations, limited...

It’s Tax Season Survival Time

It’s Tax Season Survival Time

I want to share some tips and strategies with you that may help your business to be prepared for Tax...

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