March 22, 2023
Charles LutwidgeIndependent Contractor vs Employee: What Employers Need to Know
If you recruit a new specialist, you must correctly choose the status between independent contractor vs. employee. Let’s discuss the dissimilarities between these professionals and why comprehending the specifics of collaborating with them is critical. Mistakes in identifying can become...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
March 21, 2023
Charles LutwidgeCFO vs Controller: What Is The Difference?
The economic wealth of a firm is vital to any entrepreneur. Developing a team that may help you make sound business decisions is essential no matter what phase your firm is in. With so many professionals around, including auditors, CPAs,...
March 20, 2023
Charles LutwidgeWhat is Hotel Accounting
The hospitality business includes various activities related to providing services to tourists and guests, such as transportation, accommodation, recreation, meal and beverage delivery. Like any other area, the hospitality field requires an orderly and transparent accounting of all transactions. While...
March 15, 2023
Charles LutwidgeWhat is Outsourced Accounting and How Сan It Benefit Your Business?
Today’s entrepreneurs face severe constraints regarding financial accuracy and compliance with the law. Business owners are forced to combine their daily tasks with more complex and time-consuming jobs such as finance, accounting, auditing, and risk management to apply resources efficiently....
March 14, 2023
Charles LutwidgeRental Property Bookkeeping and Accounting: Landlord’s Guide
Renting out realty is a reliable source of stable revenue. Suppose you are leasing your property to an honest and responsible person. In such a case, it is a great chance to get rid of your mortgage, expand your real...
March 13, 2023
Charles LutwidgeAccounting For Artists: A Simple Guide
The artist likes to create new plots of paintings more than to make tax reports. However, if creative individuals want to earn a solid amount of money for their portraits, they must implement modern business technologies to ensure capital inflow...
March 07, 2023
Charles LutwidgeThe Ultimate Real Estate Accounting Guide
Real estate is one of the most profitable but, at the same time, one of the most complex industries in the world. It is necessary to invest in many properties to generate significant income in this market. It is fraught...
March 06, 2023
Charles LutwidgeBookkeeping for Massage Therapists
People starting small businesses often have to take on multiple roles simultaneously to make their organization profitable. Since they have to deal with many issues, entrepreneurs often neglect bookkeeping. In this article, we will discuss why accounting is vital to...