IRS Home Office Tax Deduction for Small Business Owners - Help you Reduce Tax Bill
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Has the coronavirus led you to start a business or become your own boss this year? If you are a small-business owner and use part of your...
- Dec 19, 2021
- 5 min
What is Accounts Payable? How to Record Accounts Payable Properly
When your company purchases goods on credit that need to be paid back in a short time, it is known as accounts payable. As a business...
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- Dec 15, 2021
- 6 min
Successful Construction Bookkeeping Tips That Save You Countless Hours
Bookkeeping can be one of the most daunting processes when you’re running your own business. Maintaining accurate records of financial...
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- Dec 2, 2021
- 6 min
Law Firm Bookkeeping and Accounting: A Completed Guide 2022
The Completed Guide To Better Law Firm Bookkeeping and Accounting Practices!
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- Nov 26, 2021
- 3 min
5 Considerations for Law Firm Accounting
While you’ve spent years honing your skills to become a great lawyer, you didn’t understand deeply about law firm bookkeeping or...
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- Nov 25, 2021
- 4 min
What are IOLTA accounts? Common Mistakes To Avoid
Attorneys routinely receive and handle money that belongs to clients for future use such as security settlement payments, fees advanced...
1,716
- Nov 23, 2021
- 1 min
How to Perform A Three Way Reconciliation
A three-way trust reconciliation involves three components that must match. If the three numbers don't match, you have to investigate to kno
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- Nov 22, 2021
- 2 min
What is the difference between revenue and income?
Many people often consider ‘income’ as a synonym of ‘revenue’ since both terms refer to positive cash flow. Understanding the difference...
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- Nov 19, 2021
- 4 min
Construction Job Costing: What To Know & How It Affects Your Business
If you’re running a construction company, regardless of whether it is a general contractor subcontractor or something in between, you...
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- Nov 17, 2021
- 2 min
Accounting for Law Firm: 5 Common Legal Accounting and Bookkeeping Mistakes
Lawyers are not accountants and they often make the same common mistakes when it comes to accounting for law firms.
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- Nov 13, 2021
- 3 min
Difference Between Debtor And Creditor
Debtor and Creditor are common terms when it comes to bookkeeping. Although these two terms might seem straightforward, it's important to...
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- Nov 11, 2021
- 3 min
What Is An Overbilling In Construction?
Overbilling in construction occurs when a contractor bills for contracted labor and materials before that work is actually completed
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