March 28, 2023
Charles Lutwidge
Music Industry Accounting: Key tasks and Principles of Working with Royalties
Music industry accounting has the same goals as general-purpose one. The essence of financial services is to help talented people with tax preparation, filing reports, liquidating debts, checking agreements, and forecasting the budget. However, creative persons often face non-standard economic...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
March 27, 2023
Charles Lutwidge
Reasons to Have an Accountant for Self Employed
Starting your own business or growing self-employed is an exciting stage in life where you can afford flexible working hours and total control over your earnings. However, this freedom comes with specific responsibilities. One of the essential elements of managing...
March 22, 2023
Charles Lutwidge
Independent 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...
March 21, 2023
Charles Lutwidge
CFO 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 Lutwidge
What 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 Lutwidge
What 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 Lutwidge
Rental 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 Lutwidge
Accounting 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...
