Revised application standards for ITINs Internal Revenue Service
Most American Banks demand ways of confirming your name, date of birth, address, and ID number in order to open an account. However, customers with no SSN number are eligible to use their ITIN number in the bank fillings. Do you have a Social…
Who is Nathan Wade, special prosecutor in Trump Georgia election case?
Special journals (in the field of accounting) are specialized lists of financial transaction records which accountants call journal entries. In contrast to a general journal, each special journal records transactions of a specific type, such…
What Is the Cost of a Bookkeeper in 2022?
This will be the first year of increase after declines in 2022 and 2023. At a 7.125% rate and current median home prices, it takes $111,000 and $107,000 in household income to buy newly built and existing homes, respectively, with 5% down,…
Best Startup Accounting Software in 2023
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What is a capital account?
Current assets are short-term in nature, such as cash and inventories. Non-current assets are long-term; for example, land, building, and equipment. Assets refer to resources owned and controlled by the entity as a result of past transactions…
What the 2024 Capital-Gains Tax Brackets Mean for Your Investments
Some of those firms are piling into artificial intelligence and pulling back from other focus areas. Greycroft let go of five investors in October after it fell short of fundraising targets and shifted resources away from healthcare and fintech…
What is Xero Accounting?
You can monitor how currency markets impact your cash flow and transactions abroad. Plus, you can even view all your accounting reports in your preferred currency. Meanwhile, accountants and bookkeepers can use Xero to keep their practice a…
Accounting Software & Solutions
As of this writing, QuickBooks Online was offering a 50% discount for three months on all subscription plans. Tax time is one of worry and hassle for more reasons than one. QuickBooks makes it easier for your business as it calculates your income…
How to Create an Effective Onboarding Checklist for Accounting Clients
If you need to send a card for the holidays, have a look at our holiday card templates for businesses. If your employee's award or agreement does not include a provision for a close-down, then you are not allowed to direct an employee to take…