Bookkeeping

October 26, 2022

Bookkeeping for Real Estate Business: A Guide to Financial Clarity and Success 2023

FUTA taxes are paid entirely by the employer; there is no employee payment. As an employer, you’re responsible for half of the FICA tax amounts for […]
October 24, 2022

Mark to Market Accounting: Is it time to bend the rules?

Proponents of this accounting method believe that the Savings and Loans Crisis of 1989 could’ve been prevented if banks and other lending entities had used this […]
October 19, 2022

Warning: Why a Cash Trap Must be Avoided at All Costs

A similar review of long-term, postemployment obligations would likely highlight additional opportunities to free up cash. Only the largest two or three competitors in any product-market […]
October 17, 2022

Paid in Arrears: Understanding Backward Payment Systems

If the supplier doesn’t receive payments before the pay period ends, the account will be in arrears. You’re working with a freelance accountant to help take […]