by Perfect Coats | Dec 18, 2023 | Bookkeeping
Accounting as a whole is a more comprehensive process that involves not just keeping financial records but interpreting them to draw dynamic conclusions that impact real-world decisions. The role of an accountant is to responsibly report and interpret financial... by Perfect Coats | Nov 29, 2023 | Bookkeeping
Expert Assisted is a monthly subscription service that requires a QBO subscription and provides expert help to answer your questions related to the books that you maintain full ownership and control. An expert can guide you through purchase to pay process supply chain... by Perfect Coats | Nov 17, 2023 | Bookkeeping
This includes the base pay plus any additional earnings (ex. bonuses, vacation pay, commissions, etc). Gross pay – Gross pay is the total pay received by the employee before taxes and deductions are removed. Taxable wage base is the maximum amount of income... by Perfect Coats | Oct 23, 2023 | Bookkeeping
Transaction fees, charged when buying or selling securities, can accumulate with frequent trading, affecting overall returns. Understanding this compounding effect is https://www.the-business-mag.com/how-important-is-resilience-for-startup-founders/ crucial,... by Perfect Coats | Sep 6, 2023 | Bookkeeping
Hiring a large accounting firm to cover the full service of all accounts can take a considerable amount from your small company’s net profits. At LBMC, we’re proud to provide outsourced bookkeeping, controller, and CFO services to businesses in Tennessee, Kentucky,... by Perfect Coats | Jul 4, 2023 | Bookkeeping
You must give to a registered non-profit organization (not an individual) that operates as a true charity to take a tax deduction for the donation. Additionally, individual donations to issues-orientated political action committees (PACs) are capped at $5,000 per...