IRS Announces Good News For Savers
The Internal Revenue Service has announced an increase in the amount of money you can to contribute to your retirement accounts for 2019....
The Three Types of Audits that Businesses and Not-For-Profit's should do.
Today's joke: What do you call an accountant who is seen talking to someone? Popular We are going to discuss three types of auditing. ...
Gain Contingency
The accounting for gain contingency is a potential or pending development thay may result in a future gain to the company. For example,...
Why is bookkeeping so crucial?
Many small business owners bootstrap their businesses. A small business owner does not realize how not keeping a good record of their...
A guide to treat contingent liability
As a business owner, you may have an adverse outcome in a tax court decision that will have an impact on your business. This event is...
Why Gross Margin is an important metric?
We are looking at the word gross margin. Gross margin is a company’s total revenue minus by the COGS (cost of goods sold), divide by the...