by aaronmskater | Jun 24, 2025 | Bookkeeping
In contrast, service-based businesses may calculate revenue based on the number of hours worked and the hourly rate. But, with some adjustments, the revenue formula will work for everyone. By tracking your revenue across consistent accounting periods, you can compare...
by aaronmskater | Jun 2, 2025 | Bookkeeping
The platform offers various plans and features to accommodate your changing demands as your business expands. However, there’s one major drawback—you have no liability protection. If a client sues you for bookkeeping errors or financial mismanagement, your personal...
by aaronmskater | May 13, 2025 | Bookkeeping
It can involve multiple steps, including choosing a business name, determining the business structure, registering with the tax authority, and obtaining necessary licenses and permits. This article will delve into the intricacies of business registration, providing a...
by aaronmskater | May 2, 2025 | Bookkeeping
The CPA program, while also rigorous, is more modular and allows greater flexibility, focusing on American accounting and business practices. While both the CPA and CA programs are challenging in their rights, the CA program is often considered more difficult due to...
by aaronmskater | Feb 19, 2025 | Bookkeeping
Keeping a proper record of business finance is important especially if you’re running a business. You would surely know that in all states, it is mandatory to maintain proper bookkeeping services. Well, it is the law of the country for every small, medium, or large...
by aaronmskater | Jan 20, 2025 | Bookkeeping
The following amounts paid to veterans or their families aren’t taxable. Payments you receive as a member of a military service are generally taxed as wages except for retirement pay, which is taxed as a pension. For more information on the tax treatment of...
