Bookkeeping

Content What is Qualified Improvement Property (QIP)? KBKG Tax Insight: Qualified Improvement Property (QIP) Technical Correction in CARES Act Instructions for Form 4562 ( Software depreciation: Exploring tax implications and deductions Instructions for Form 4562 – Additional Material For tax […]

Content When Should You Start a Corporation? Meaning of incorporate in English Is an LLC Better Than a Corporation? Register your business Reduce your taxes The filing requirements for either depend on the state the business is filing in, though […]

Content What skills are necessary for full charge bookkeepers? What are the educational or training requirements for becoming a full charge bookkeeper? Interested in a Full Charge Bookkeeping Role? Read This questions to ask yourself before hiring a bookkeeper What […]

In the retained earnings account, bookkeepers monitor any profit the company makes that isn’t paid out to owners and investors. Bookkeepers track the materials and goods purchased for the business in the purchases account. You use this to calculate the […]

For example, if the cost of renting an office space is $5,000, the amount charged remains constant whether 100 or 1,000 products are sold. The spending by a company directly tied to producing its product offerings are collectively defined as […]