April 04, 2023
Charles Lutwidge
Qualified Business Income Deduction (QBI)
Most entrepreneurs are willing to pay their statutory revenue obligations fairly, but no one desires to spend more than they should. Comprehending all the standards that decrease taxable earnings let entrepreneurs cut costs. One notable exemption, the qualified business income...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
April 03, 2023
Charles Lutwidge
What Is The IRS Form 941
Small business owners and HR professionals must comprehend what tax forms to create and strictly adhere to the paperwork guidelines. Such papers are critical to confirm your company upholds the requirements of the actual legislation. One of the most famous...
March 29, 2023
Charles Lutwidge
What is a Cost Benefit Analysis?
Do you doubt whether a particular solution will bring profits to your business? Do you think it is worth trying to get your project to life? Do you want to change your business, promotion, or sales tactic but don’t know...
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...
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...
