What Are the Different Ways to Calculate Depreciation?
Use the resulting business cost to figure your section 179 deduction. You can elect to recover all or part of the cost of certain qualifying property, up to a limit, […]
Accounting 101: What is General Ledger Accounting?
Manage your client’s file end-to-end, or encourage them to get involved by signing in to connect their bank feeds, review their transactions, or view their reports. These articles and related […]
New York Tax Calculator 2023-2024: Estimate Your Taxes
FICA taxes are Social Security and Medicare taxes, and they are withheld at rates of 6.2% and 1.45% of your salary, respectively. Your employer will match the amount you pay […]
How Do QuickBooks and Xero Compare?
It supports online payments using debit cards, credit cards, direct debit using GoCardless, and Apple Pay or Google Pay using Stripe. It uses encryption and strong security measures to protect […]
Best Free Accounting Software 2024
When looking for the best free accounting software, determine the features you need and find out which programs offer those. Other factors you should consider include ease of use, customer […]
Accounting for churches
Ashley is a song writer with Worship Central Canada and has had the incredible opportunity to travel and lead worship, while collaborating with other worship leaders. Churches that want to […]
Cash Flow Statement: Analyzing Financing Activities
Since this example is from a Leveraged Buyout (LBO) model, it has significant long-term debt, and that debt is repaid as quickly as possible each year. Companies typically use a […]