With these basic accounting tips for small-business owners under your belt, we’re sure you have the tools you need for small-business success. Ross Kimbarovsky is seasoned entrepreneur, small business expert https://www.bookstime.com/ and startup mentor with over 30 years of experience in business, marketing, technology, and law. He is the CEO and Founder of crowdspring, a...Read More

The trickiest part of processing your own payroll is calculating how much to withhold from employee paychecks for Medicare, Social Security, state and federal unemployment, and FICA taxes. Gusto is best suited to small businesses and novice payroll managers, thanks to its usability, understandable workflow, and company support. But the app is capable of serving...Read More

The class for your property was determined when you began to depreciate it. You stop depreciating a business asset when either one of two events occur. Second, that asset could reach the end of its useful life—then it is no longer is being depreciated. Calculating Depreciation Using the Declining Balance Method You use the percentages...Read More

The World Population Review notes that the average price of a pack has increased by around $1.50 since 2018. Taxes account for around 44.3% of the total price of a cigarette pack’s retail price. As of 2022, for instance, New York has a https://turbo-tax.org/ state tax of $4.35 for cigarettes. Alternatively, the state tax in...Read More

Essentially, it is an indicator of how much debt a company is using to finance its operations compared to the amount of equity it has. A high debt-to-equity ratio indicates that a company is relying heavily on debt to finance its operations, which can be risky as it increases the company’s financial obligations and interest...Read More