How Can I Apply Accounting In My Personal Life
Accounting is one of the fundamental activities of any business. Without it, a company would be similar to a blind person driving a high-speed car. They may know how to do business, but they would be blind to important signals that Accounting can give them. Tax...
Accrual Vs. Cash Method Of Accounting
As a business grows and prospers, the need for a reliable recording and understanding of their daily transaction becomes more evident. Moreover, the necessity of hiring a professional accountant to apply the fundamental principles of accounting can no longer be...
New Phishing Scam Worries IRS
What Phishing Scams Should Taxpayers Avoid This Quarter Participants of the Security Summit such as the Internal Revenue Service along with other state tax agencies and the tax industry have cautioned tax professionals and businesses about a newly discovered scam. The...
What Are The Benefits Of Getting A CPA Degree?
It’s a well-known fact that getting those three letters appended on your surname is an uphill battle. However, we still see thousands and thousands of hopefuls lining up to spend almost half a decade of their lives only to be allowed to take the Uniform CPA...
5 Things Businesses Need To Know About The New House Tax Bill
Trump, early on his 2016 presidential campaign, gave the treasury department a run for their money after promising to cut taxes for both businesses and middle-class citizens. Fast forward a year later, the reformed House Tax Bill was born. Businesses across the States...
When Should I Get An Accountant For My Small Business?
Hiring an accountant can be a big step for businesses. This fact is most especially true to those still in their early stages. For some, it seems like an unnecessary expense that can push their financial numbers to red. In some cases, however, this fear is...
Accountant Charged In Multi-Million Dollar Insider Trading Scheme
In a chain of events worthy of its own movie, the Securities and Exchange Commission indicted a San Diego Investment fund owner over a $6 million insider trading scheme. The scheme involved the genetics research solutions provider, Illumina, Inc., and a former...
How Much Does An Accountant Cost?
Setting up a business is similar to high roll gambling. It costs a lot of money with no guaranteed returns. For this exact reason, most companies tend to limit their expenses as much as possible. A lot of the small business owners I know usually prioritize spending on...
What Is The Most Profitable Small Business Today?
Setting up a new small business is a huge commitment. It requires you, the business owner, to invest immense amounts of time, effort, and money. So finding the most profitable small business is one of the first things you should consider if you want to become a...