November 18, 2021
Charles LutwidgeBusiness Tax Preparation
Taxes are a necessary aspect of your company. If you are a business owner, you need to pay taxes on the income your business generates for you. Your accounting records and other paperwork might not be in perfect shape, but...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
November 17, 2021
Charles LutwidgeResearch and Development Tax Credit
Overview Taxes do not bring much joy neither to individuals nor the businesses who have to pay them. But what if you could pay less? This would definitely put a smile on everyone’s face. If you have done taxes at...
November 16, 2021
Charles LutwidgeHow To Pursue a Career as a Bookkeeper
No organization can afford to operate without bookkeeping. If you do not try to control the funds, if you do not stay up to date on all the financial activities in the company, in the near future it is possible...
November 15, 2021
Charles LutwidgeSchedule C: Profit or Loss From Business
Overview Are you a YouTuber, blogger, social media influencer, Etsy seller, or something along those lines? If yes, then this article is written for you. If you are a new business owner or if you are new to self-employment, you...
November 10, 2021
Charles LutwidgeWhat is the Profit and Loss Statement (P&L)
Overview Income, office rent, taxes, logistics, payroll, purchase of supplies, and other expenses are all operational activities. When it comes to expenses and incomes with deferred payments, obligations, deadlines for fulfilling obligations, and so on, you can get confused and...
November 09, 2021
Charles LutwidgeHow to Make an Invoice
Invoice and Invoicing Tools An invoice, simply put, is a document issued by the seller (business) and delivered to the buyer (customer). The document is used to request payment from the buyer of the goods or for the provision of...
November 08, 2021
Charles LutwidgeWhat Is an Invoice?
Whether you are a bookkeeper or a business owner who wants to know the purpose of each document in the business operation and be able to correctly prepare it, you are in the right place. Today, we are going to...
November 06, 2021
Charles LutwidgeWhat Are Closing Entries in Accounting
Definition and Explanation Bookkeeping is a subject with many rules, principles, and regulations guiding every move of the business as a whole as well as the work of a bookkeeper. Closing entries are part of the bookkeeping basics, so it...