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Non-profits and the IRS

October 17, 2023 Admin

Brief intro Non-profit organizations (NPOs) play a crucial role in society, providing essential services and support to individuals and communities in need. As they strive to fulfill their missions, non-profits…

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Charitable Tax Deductions

October 16, 2023 Admin

Charitable Tax Deductions An overview Welcome back! Today we will direct our attention to the topic of charitable tax deductions. As tax season approaches, it’s important to understand how you…

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Business Tax Deductions

October 14, 2023 Admin

Intro Tax season can be a stressful time for businesses, as they strive to maximize their tax deductions and credits while staying compliant with the law. Understanding the various tax…

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Small Business Loan Qualification

September 19, 2023 Admin

Understanding Business Loans Are you a small business owner looking for financial support? In today’s competitive business landscape, securing a small business loan can be a crucial step towards success.…

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Basics of a Business Plan – Part 2

May 29, 2023 Admin

Where we left off As we left off in Part 1 of Basics of a Business Plan, any business plan you create is ultimately your business plan despite how much…

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Disclosure and Earnings Per Share

May 9, 2022 Admin

The financial statement Financial statements are the backbone of a complete financial report. In fact, a financial report is not complete if the three primary financial statements are not included,…

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Sole Proprietorships, Partnerships & LLCs

April 26, 2022 Admin

The non-entity A sole proprietorship is the business of an individual who has decided not to carry his business as a separate legal entity, such as a corporation, partnership or…

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A Need for Independent Auditors

April 22, 2022 Admin

Financial referees If you currently own a business or have owned a business of any kind you would probably agree with me that businesses have many different needs in order…

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Exactly What is an Audit?

April 15, 2022 Admin

If a business breaks the rules of accounting and ethics, it can be liable for legal sanctions against it. One reason legal sanctions are levied is due to the ability…

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Other Ratios Used in Financial Reporting

April 15, 2013 Admin

The dividend yield ratio tells investors how much cash income they’re receiving on their stock investment in a business. This is calculated by dividing the annual cash dividend per share…

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Taking a Look at the Income Statement – Part Three

March 28, 2013 Admin

While some lines of an income statement depend on estimates or forecasts, the interest expense line is a basic equation. When accounting for income tax expense, however, a business can…