January 04, 2022
Charles Lutwidge
Tax Forms for Independent Contractors: What you need to know
Businesses sometimes seek the help of independent contractors. Hiring a permanent employee can be expensive. In some cases, it isn’t necessary to have an occupation in the company if the job isn’t permanent. In such cases, using the services of...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
December 30, 2021
Charles Lutwidge
Bookkeeping Express
Bookkeeping and accounting are two very important parts of having and leading a business. Whether you have a big enterprise or a small developing business, accounting helps in achieving goals. But accounting and bookkeeping are two rather tedious jobs and...
December 29, 2021
Charles Lutwidge
What Is the Current Ratio
Many of us have heard about the concept of “liquidity” and might even have some idea what it means. Liquidity is the ability to pay obligations in full and on time. The most common indicators are Net Working Capital (NWC)...
December 28, 2021
Charles Lutwidge
Accounting in San Diego
Bookkeeping is one of the most important aspects of controlling your business. The process involves the proper recording of all the transactions made by a company. It’s also important to store the data properly as in some states, for example,...
December 22, 2021
Charles Lutwidge
What Is Tax Liability?
A tax liability might sound very familiar, yet confusing. However, you should not get scared. Simply put, it is the amount of taxes you would need to pay to the IRS. It is the total debt you owe to the...
December 21, 2021
Charles Lutwidge
Customer Invoice
Meaning An invoice is a document that a seller creates and then sends to the buyer. It relates to a transaction that already took place or will take place and lists the products or services the buyer receives, quantities, along...
December 20, 2021
Charles Lutwidge
Form 1065: U.S. Return of Partnership Income
First, let’s say that there are many types of Partnerships legally, but as far as taxes are concerned they are the same. If you’re a multi-member LLC who is not in business with your spouse, then the default is a...
December 17, 2021
Charles Lutwidge
What You Need to Know About Independent Contractor
There are several indicators that point out that one is an independent contractor rather than an employee. Although these are negotiable, they determine the rates on their own and decide when and where to invest their time and effort. They...
