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September 02, 2020

Charles Lutwidge
Propeller Industries Review

Propeller Industries Review

Do you have a great idea or product, but do not know how to guide your company towards success? Nothing is lost because you can get access to affordable bookkeeping and knowledgeable financial guidance with Propeller Industries. About Propeller Industries Propeller..

Articles

September 02, 2020

Charles Lutwidge
Salt Lake City Bookkeeping Review

Salt Lake City Bookkeeping Review

With so many options today, finding a bookkeeping and accounting specialist that is knowledgeable, flexible, and does not cost a fortune can be hard, but it does not have to be. Today, we will review an outsourced accounting company and what..

Articles

September 02, 2020

Charles Lutwidge
Financial Statements Audit Report

Financial Statements Audit Report

What is an Auditor’s Report? An auditor’s report can be defined as an organized statement of facts relating to the audit of books of account of the company prepared after an inquiry to give clear and concise information to persons who..

Articles

September 02, 2020

Charles Lutwidge
Non-Profit Statement of Activities

Non-Profit Statement of Activities

Financial statements for non-profits slightly differ from what for-profit companies and organizations need to prepare. Today, we will review a report known as a Statement of Activities.  What is Statement of Activities? The Statement of Activities is similar to the Income..

Articles

September 02, 2020

Charles Lutwidge
Your Guide to Form 990

Your Guide to Form 990

Your organization might not have to pay taxes, but it does not mean you are done with the IRS. The IRS wants to hear from you annually by you filing Form 990. Form 990 is a return of an organization that..

Articles

September 02, 2020

Charles Lutwidge
Everything You Need to Know About In-Kind Donations

Everything You Need to Know About In-Kind Donations

Most of us are used to writing a check or paying cash to a charity of our choice. Today, we want to share with you a different way to make donations. What are in-kind donations? This is a term that shows..

Articles

September 02, 2020

Charles Lutwidge
Your Guide to Tax Filings

Your Guide to Tax Filings

When am I not required to file a tax return? There are situations when individuals are not required to file taxes and there is no reason to do so. There are also situations when one is not required to file a..

Articles

September 02, 2020

Charles Lutwidge
Single vs. Double Entry Bookkeeping

Single vs. Double Entry Bookkeeping

Single-Entry Accounting The single-entry method is a traditional way of bookkeeping and does not follow a fixed set of accounting rules. Its feature is that only one entry is made for each transaction either in the form of revenue or expense,..

Articles

September 02, 2020

Charles Lutwidge
The Balance Sheet Basics

The Balance Sheet Basics

Accounting is the language of business. Business owner/s, investors or any interested parties can understand that business by looking at the accounting reports. There are tons of accounting reports, the two main accounting reports that are the biggest picture reports and..

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