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Imagine that you have just had a major health problem that put you into the hospital and you are incapacitated. The hospital will only allow two contacts to have an information code to talk to the Doctors. Who gets them? How does the hospital know? What can be done to make sure that the information… (Keep reading)
⇢Importance of Bookkeeping⇠ What is Bookkeeping? noun – [b oo k-kee-ping]: The work or skill of keeping account books or systematic records of money transactions (distinguished from accounting). dictionary.com Key Components of Bookkeeping: Recording Financial Transactions Posting Debits and Credits Producing Invoices Bookkeeping Helps Keep a Clear Picture of Your Company’s Financial Health! Is your business organized?… (Keep reading)
Nevada Commerce Tax Update – June 2019
The Nevada State Legislature modified the filing requirements for the Nevada Commerce Tax. Businesses with gross revenue below four million dollars for the July 1through June 30th fiscal year no longer have to file a return. Only businesses with gross revenue of four million dollars or more are required to file a return and pay… (Keep reading)
Things happen that are beyond our capacity. For instance, you receive a letter from the IRS stating they are going to audit your tax information for the past years. Another example can be that a family member has passed and left you as the trustee of their estate. What do you do? First off, take… (Keep reading)