Bookkeeping

Tracking requirements can vary from state to state and based on the employee’s title, so make sure you’ve classified them correctly and meet any tracking requirements. A good rule of thumb is to record anything that can change the pay an employee might receive to factor in those costs while you prepare payroll. Sign up […]

Each period, the portion of net income kept by the company and not paid as dividends to shareholders flows into the retained earnings line item on the balance sheet (and increases its ending balance). Under IFRS, there are two allowable ways of presenting interest expense or income in the cash flow statement. Many companies present

Navigating tax regulations can be complex for any business, let alone a startup. A knowledgeable accounting partner can help you understand and comply with federal, state, and local tax requirements. Proactive tax planning can also identify opportunities to minimize your tax burden and maximize resources for growth. For example, claiming relevant tax credits, like the