Bookkeeping

Correctly structuring liabilities, similar to negotiating longer payment terms with suppliers or refinancing short-term debt into long-term debt, can also positively influence the current ratio. While a high present ratio is mostly constructive, it could generally point out inefficiency in asset utilization. On the opposite hand, a low ratio would possibly recommend financial misery or […]

If you’re self-employed and not sure of how this impacts your Medicare eligibility or wish to understand your obligations better, we’re here to help. Connect with us by calling and make positive you’re on the proper track together with your Medicare Advantages. Planning in your retirement requires awareness of your FICA contributions. A FICA tax

Further steering and knowledge for filing 2025 taxes might be all about the refund issued previous to the 2026 filing season. Then, you must file your taxes and have your return accepted. Some of the more in style itemized deductions include qualified medical expenses, mortgage interest, property taxes, state revenue taxes, and charitable contribution. TurboTax

In compiling financial statements for a client, we present information that is the “representation of management” and expresses no opinion or assurance on the statements. A compilation is limited to presenting information that is the representation of management in the form of financial statements and supplementary information and accordingly we do not express any degree

Most banks or other commercial lenders require you to have up to date financial statements and taxes before providing financing. If the IRS decides to audit your business bookkeeping clean up tax return, having an accountant-reviewed set of financials can be very helpful in resolving any issues. So, whether you are a small business owner