by admin | Mar 15, 2023 | Bookkeeping
As the culmination of the “Come to TurboTax” campaign from Wieden+Kennedy, “Dancer” continues the messaging of “Don’t Do Your Taxes.” The 45-second spot promotes Intuit’s TurboTax Live Full Service, where people can hand off their taxes to a TurboTax expert, which...
by admin | Mar 10, 2023 | Bookkeeping
As we can see from the sensitivity table, the company operates at a loss until it begins to sell products in quantities in excess of 5k. For instance, if the company sells 5.5k products, its net profit is $5k. With the break even result you can start to analyze the...
by admin | Feb 28, 2023 | Bookkeeping
Tax preparers work with taxpayers to complete federal and state tax returns. This job usually involves a busy season, with the highest workload occurring from December to mid-April. An enrolled agent usually works on a year-round basis helping clients. Working as an...
by admin | Feb 16, 2023 | Bookkeeping
This will help you stay on top of rent collections and reduce the risk of errors. Although most of us strive to move away from siloed working, we must keep separate financial funds for each property, development or client. We know how you feel — service charges and...
by admin | Feb 15, 2023 | Bookkeeping
The amount paid by the acquirer over the net value of the target’s assets and liabilities is considered goodwill, which is kept on the balance sheet and amortized yearly. Net purchases, in accounting, mean the total amount of purchases made less any discounts...
by admin | Jan 23, 2023 | Bookkeeping
Subsidiary ledgers are used when there is a large amount of transaction information that would clutter up the general ledger. This situation typically arises in companies with significant sales volume. The accounts receivable subsidiary ledger shows all the sales made...