by Edwin del Carpio | Dec 19, 2019 | Accounting News
Rental real estate businesses may as well start singing holiday carols as Christmas has come early for their industry. IRS’s recent proclamation (Rev. Proc. 2019-38) has loosened tax regulations on rental real estate businesses with regards to Qualified Business... 
by Edwin del Carpio | Dec 19, 2019 | Accounting Industry
Leaders in the accounting profession are adamant that accounting is both art and science. However, it is undeniable that accounting follows many rules and principles that machines can easily replicate. Hence, the obsolescence of accountants and CPAs is a growing... 
by Edwin del Carpio | Dec 19, 2019 | Accounting Industry, Accounting News
Small businesses, in one way or another, experience some losses during their existence. One of the most common kinds of these losses is casualty loss. Casualty losses are a negative movement in the value of a company due to unexpected, unusual, and sudden events.... 
by Edwin del Carpio | Dec 19, 2019 | Auditing, Small Business
A business audit decides the reliability of your business records. It can affect how your investors perceive your company. For example, a negative audit review can tell your stockholders that they cannot trust you in handling your finances. Seattle Bookkeeper Other... 
by Edwin del Carpio | Dec 19, 2019 | Personal Finances
Unless you’re superman, old age is an inevitable stage in our lives. Hence, retirement is a vital subject that should be considered by everyone. As an accountant, you should always consider discussing retirement plans with your clients. This article by Anita Dennis...
