January 26, 2022
Charles Lutwidge
Nonprofit Audit Guide
Nonprofit organizations are exempt from filing taxes. But it doesn’t mean that the organization won’t have to conduct an independent audit since they have to record financial statements and keep documentation. The state or federal agencies don’t always require a...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
January 25, 2022
Charles Lutwidge
List of Small Business Tax Deductions
Small business owners can reduce the tax burden by benefiting from legal tax deductions. Unfortunately, not all business owners educate themselves about tax deductions, so they lose the opportunity to increase their revenue. Using tax deductions to decrease taxable income...
January 24, 2022
Charles Lutwidge
Understanding Your CP2000 Notice
Getting a notice from the IRS means that the agency believes that you left the income off your tax return. It doesn’t mean that a taxpayer has to agree with the IRS every time the agency sends a CP2000 notice....
January 21, 2022
Charles Lutwidge
Best Receipt Tracking Apps for Small Businesses
Accounting and keeping track of all business expenses is one of the main tasks of a business. It is a tedious process if managers have to do everything manually. Luckily, we have all sorts of apps to choose from to...
January 20, 2022
Charles Lutwidge
Basics and Importance of Preparing for an Annual Audit
An audit is a comprehensive assessment of the economic and financial elements of an organization, verification of the reliability of the information in financial reports, as well as analysis and assessment of the prospects for its development, which can be...
January 19, 2022
Charles Lutwidge
Accounting in Georgia
Owning a business may be exciting, but it also requires a lot of work. For instance, coming up with a sellable idea, services, or goods. Then develop your business and charge for products or services enough to gain profit. Marketing...
January 18, 2022
Charles Lutwidge
Accounting in Chicago
Whether you are an individual living in Chicago or running a business, you have to keep track of all your financial statements. As you know, all citizens in the US are taxpayers. Paying taxes means accurate accounting to figure out...
January 17, 2022
Charles Lutwidge
Accounting in California
Everyone has to pay taxes and follow bookkeeping rules. While individuals mainly focus on deducing their income, investment gains or losses, other profit, businesses have a more complex set of rules to follow. To track funds of corporations, businesses must...
