1099s for Corporations and Other 1099 Surprises

When your business pays $600 or more to an individual for services, you must issue a Form 1099-NEC to that person and file a copy with the IRS. This rule covers payments for professional ser...
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Cash Basis Accounting vs. Accrual Basis Accounting

Cash basis accounting and accrual basis accounting are two methods used by businesses to record fina...
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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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What Are The Software Needs Of Accounting Firms?

Businesses of all sizes depend on accounting firms to help them manage their financial needs. To pro...
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What is Cloud? How Does It Work With Accounting Software?

Understanding where a file goes when you save it to your PC is a fairly simple concept. It lives on ...
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