Accounting Tips and Guides

How To Prepare An Income Statement

Based on income statements, management can make decisions like expanding to new geographies, pushing sales, increasing production capacity, increased utilization or outright sale of assets, or shutting down a department or product line. Competitors m... Read more

5 Tips On How To Hire Employees With No Money

Therefore, Following two key points will lead you to attract a candidate for your business to work without payment. Design By GraphicsBirds forDevoluxe.comThe first thing you should do is identifying the purpose of you are hiring an employee. Therefo... Read more

How To Find A Good Cpa For Your Taxes

Bear in mind that choosing an accountant can be a personal decision, so what's right for your best friend's PR business might not suit your manufacturing company. The best accountant for a sole trader might not be the best fit for a company with ten ... Read more

Current Ratio Formula

So a current ratio of 4 would mean that the company has 4 times more current assets than current liabilities. It indicates the financial health of a company and how it can maximize the liquidity of its current assets to settle debt and payables. The ... Read more

How Much Does An Accountant Cost?

Without great records, no one can prepare an accurate tax return and we can’t provide you with great tax strategies that will actually be impactful because we’d just be guessing. Accounting service fees vary depending on the services you ... Read more

How To Pay Yourself In An Llc

To make the salary vs. draw decision, you need to understand the concept of owner’s equity. With protection from personal liability, it’s easy to see why LLCs are a common choice for small and medium business owners. Filing as an LLC prov... Read more