by Mary Philipps | Feb 2, 2021 | Bookkeeping, Small Business, Taxes
Independence is a key concept in accounting, especially in the assurance or auditing area of accounting. Assurance services are services where a licensed CPA reviews an organization’s financial statements and accounting records and provides an opinion about them. This...
by Mary Philipps | Jan 20, 2021 | Bookkeeping, Small Business, Taxes
If you are paid a salary and receive a W-2 from your employer, part of your paycheck goes to Uncle Sam as federal withholding. These are payments toward your taxes. If you earn additional income beyond your salaried income, if you are under-withheld, or if you have...
by Mary Philipps | Dec 30, 2020 | Bookkeeping, Taxes
The last thing most entrepreneurs want is for their hard-earned dollars to go down the drain because of a money leak in their business. Since so many entrepreneurs are working harder than ever before earning their living, it just makes sense to shore up...
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