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Zarmoney Vs. Quickbooks
Cash Basis Accounting vs. Accrual Basis Accounting
Cash basis accounting and accrual basis accounting are two methods used by businesses to record financial transactions.
What is IRS Form 1040?
As a business owner or employee in the United States, calculating, deducting, and paying tax is a ma...
Owner’s Equity: What it is and How to Calculate it
Owner’s equity is the value you arrive at when your business’ liabilities are deducted from your bus...
What is a Journal Entry in Accounting?
A journal entry is the first stage of the accounting process. Its purpose is to record a business tr...
What is Payroll Tax and How is it Calculated?
Payroll tax is a percentage of an employee's salary paid to the government to fund social insurance ...
The 7 Most Common Accounting Mistakes Entrepreneurs Make
Statistically, your business is more likely to fail than flourish. If you are in business or looking...
What is a W-9 Form and Why You Need To Fill It Out
Form W 9 is an IRS form used by businesses to request independent contractors and freelance workers ...
Income Tax Deadlines: When Are Taxes Due? 2021 Filing & Extension Deadlines
Small business owners need to keep an eye on their income tax deadlines. It’s essential to file your...
FIFO vs. LIFO method: Definitions, Differences, Examples, Advantages and Disadvantages
FIFO and LIFO are two accounting methods for valuing inventory. FIFO is considered to be superior, b...
What Is Cost of Goods Sold (COGS), Formula, Example and How to Calculate
Monitoring your Cost Of Goods Sold or COGS can help improve your profitability. It’s also a tax-dedu...
6 Most Important Small Business Accounting Tips
Most successful small businesses have one thing in common. Their accounting records are error-free a...
The Best Accounting Tips For Businesses During COVID-19 Pandemic
If you're an entrepreneur, then you know that your business needs to stay floating no matter the cir...
Business Accounting Explained
Having a good understanding of business accounting is essential to run a successful company. Even wi...
A Business Owner's Guide to Accounting Methods
Tracking your revenues and earnings is one of the most important functions of operating your busines...
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