Severance taxes are a form of tax imposed on the extraction of natural resources such as oil, gas, coal, or timber. These taxes are levied on businesses that extract natural resources...
Posted by Dennis Jao on 04/21/2023
Accounting is essential for any business. Smart records bookkeeping are essential for tracking business spending and finding new ways to grow. Additionally, keeping accurate records...
Posted by Dennis Jao on 04/17/2022
What are Not-for-Profit Organizations (NFPOs)?These organizations focus on specific social causes and use the money they earn or receive through donations to cover their operation...
Posted by Dennis Jao on 11/04/2021
Debt is not necessarily bad as it can either cause harm or help someone, depending on how it is used. This is not about going into high-interest debt but considering and leveraging...
Posted by KLSM CPA Firm PLLC on 09/26/2021
Many small business owners believe that doing many things themselves can help save money. This, however, is not true of finances as an accountant can save you a lot of money in the...
Posted by Pat Raskob on 07/24/2021
The White House and Treasury released the first details of the Biden administration's 2021 tax reform proposal, a major focus in Washington, DC. Tax code changes are expected in...
Posted by Tiffany Gaskin on 07/16/2021
Small business funds can help you launch your startup, hire more employees, or open a new location. The right kind of funding for your small business will largely depend on what you...
Having a small business is the dream of many people, even though the intricacies involved in running a business is complicated. When you eventually add taxes each year, it gets tricky....
We all have that one activity we love to do. It is something used to take our minds off the stress of the day; it is our escape. However, there comes a time when this activity becomes...