Xero bookkeeping can customize sales tax rates, automate calculations, and prepare sales tax returns. Xero has retired what is xero the Xero Expenses app and folded its features into the… Read More »Xero Payroll Review How Does It Compare? Features, Pros & Cons
It scans for eligible deductions and credits, including mortgage interest, student loan interest and charitable contributions. This can save time and reduce errors, especially for users with multiple income sources… Read More »USAA TurboTax Discount? How to Get 20% Off Online Now
Sole proprietors who use their own car for business purposes can deduct their business-related vehicle expenses on Schedule C using either the standard mileage rate or their actual expenses. For… Read More »Reporting Self-Employment Business Income and Deductions
On January 1st, to recognize the increase in your cash position, you debit your cash account $300 while crediting your unearned revenue account to show that you owe your client… Read More »Unearned Revenue What Is It, Journal Entries, Examples
As long as a sale of an investment or a piece of property relates to tax-exempt purposes, a nonprofit doesn’t have to pay capital gains tax. Bookkeepers handle the day-to-day… Read More »Nonprofit Bookkeeping & Accounting Services
Tax deductions can be made on misc expenses, just like any other operating expense of a business. Come tax season; you can write-off miscellaneous expenses in the same way you… Read More »Miscellaneous Expenses: Examples, Payments and Expense Statements
When your customer pays the invoice, you’ll pay the lender back the amount loaned plus fees and interest. The future of invoice discounting in India looks promising, with continuous technological… Read More »Invoice Discounting vs Invoice Factoring: Difference with Examples
After going through all of the trouble to find the right fit for your team, don’t take the position for granted. As a CPA who works with many design clients,… Read More »Interior Design Integrated Accounting Software
You’re allowed to have more than five users, and you can customize access by role. If you need more users, you’ll have to upgrade to the next paid plan, which… Read More »How can I sign up my free trial for 30 days online QuickBooks account to send and receive payments and send invoices