December 13, 2022
Charles Lutwidge
How to Handle an IRS Audit: A Complete Guide
Tax returns are checked automatically without the help of the IRS. But there are situations in which an additional audit is needed. For example, you are self-employed, or the business requires a considerable investment. Sometimes checks don’t mean anything, and...
Delegate your financial records to a highly qualified bookkeeper and forget about bookkeeping stress forever.
December 12, 2022
Charles Lutwidge
Accounting for Amazon Sellers
Over 50% of all Amazon sales come from third parties. Even though most have correctly organized bookkeeping for Amazon sellers, most still need to learn how to do it. Doing inaccurate calculations might result in tax issues. Your online marketing...
December 05, 2022
Charles Lutwidge
What is Accounting and Why it Matters For Your Business
Accounting may seem like something other than the most fun part of the business. However, accounting is indispensable. Without clear financial records, you can lose a lot of profit. You can also receive fines for late submission of financial reports...
December 02, 2022
Charles Lutwidge
Overview of Debt to Asset Ratio
Definition Companies have two options for acquiring assets: using its own capital, or borrowing funds from a third party. The balance between assets owned and borrowed has implications for the company’s financial future and level of risk. It is worth...
November 29, 2022
Charles Lutwidge
What is Cloud Accounting?
Indeed lately, we often hear the word «cloud» in different contexts, including «cloud accounting.» Have you wondered what it is and whether it will benefit your business? Read this article to know more. Most companies are actively implementing cloud technologies,...
November 22, 2022
Charles Lutwidge
Do I Really Need a Personal Accountant?
Control of personal finances is needed even for an ordinary person; however, it takes a lot of time and motivation to perform all the procedures correctly. Therefore many people with various revenue and expense streams choose to hire an accountant....
November 21, 2022
Charles Lutwidge
The Double Declining Balance Depreciation Method
Definition and formula Business owners need to know what they own and what they are owed. In order to manage their assets, business owners must learn a hard truth: that what they own (and are owed) tends to depreciate over...
November 10, 2022
Charles Lutwidge
Bookkeeper360 Review
Bookkeeper360 is a cloud-based accounting service provider that offers financial reporting assistance to small and medium businesses. When a user creates an account in the system, he is provided with a personal manager. It will help generate a service plan...
