Write-Offs: Understanding Different Types To Save on Taxes
Simply put, tax write-offs save you money by reducing your taxable income. Since tax is calculated based on your...
IRS finally issues guidance for the cannabis industry
We help clients navigate federal regulations as well as the nuances of the states in which they operate. We’re...
Inventory Turnover Ratio: Definition, How to Calculate
The more a product sells, the more spending on storage costs for safety stock can be worth it. Understanding...
TOP 10 BEST Bookkeeping Services in Seattle, WA Updated 2024
Improper bookkeeping also creates headaches and unnecessary expenses at tax time when your CPA tries to prepare your returns...
How is work in progress WIP typically measured in accounting?
The WIP solutions help companies improve productivity, reduce costs, and provide better financial visibility to current and future projects....
Debt to Equity Ratio: a Key Financial Metric
In most cases, a low debt to equity ratio signifies a company with a significantly low risk of bankruptcy,...
Current Ratio Formula, Example, and Interpretation
More importantly, it’s critical to understand what areas of a company’s financials the ratios are excluding or including to...
Annual Income Yearly Earnings Formula + Calculator
Calculating your business' annualized revenue allows you to budget properly for the entire year. If your income varies drastically...
