Since 1996, parents and guardians in America have been eligible for adoption assistance in the form of tax credits and adoption assistance programs after several interest groups began...
Posted by Taxes Made EZ Inc on 02/22/2022
When a person becomes a CPA (Certified Public Accountant), they have attained a highly desirable rung in the accounting ladder. The reason for this is that, as a CPA, the person has...
Posted by KLSM CPA Firm PLLC on 01/09/2022
The technology sector is large and includes device manufacturers, software developers, cloud computing providers, semiconductor companies, streaming services, and wireless service...
What is a tax haven?A tax haven is usually an offshore country that gives foreign individuals and businesses little or no tax liability in an economically and politically static environment.Understanding...
Posted by Dennis Jao on 06/18/2021
Generally Accepted Accounting Principle (GAAP) refers to a set of rules established to help publicly traded firms establish their financial statement. The rules serve as the foundation...
What is barter?Barter is an act of exchanging goods or services between two or more parties, sometimes more without using a monetary medium, such as physical cash or credit card. Essentially,...
What is an Accounting Method?An accounting method refers to the rules that a business follows when reporting income and expenses. The two main accounting methods are accrual accounting...
During an audit season, not-for-profit financial statement mistakes may cost you. The auditors will feel similar to medical professionals for not-for-profit financial statements. They...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/13/2018
When starting a new business, tracking expenses and income is a key part of the administration of your business affairs. However, it also means that you must choose what type of accounting...