You have to pay the time and a half rate for overtime hours to all of your hourly or non-exempt employees under the FLSA. If you fail to do so, you can end up with a lawsuit and a hefty bill. You may also have to provide back pay to your staff, as well as […]
As a direct lending company, altLINE doesn’t carry additional borrowing costs that can become expensive on large invoices. Factoring occurs when a company sells one or more accounts receivable invoices owed on credit terms to a financier, known as a factor, for less than what they are owed. That discount, plus some additional fees, is […]
Content American Institute of Professional Bookkeepers (AIPB) QuickBooks Online: Best overall accounting app Understanding Assets, Liabilities, and Equity When Balancing the Books Become a Bookkeeper From Home Best Accounting Software for Small Businesses Accounting Concepts Associate Degree in Accounting This software’s convenience is also supported partly by its intuitive and user-friendly interface that’s easy for […]
The good news is that effectively promoting your business can be as simple as focusing on these five steps that work for both bookkeeping firms and freelancers. You can take this exam from anywhere, as long as you have a reliable internet connection. Becoming a certified bookkeeper enhances your credibility and increases your earning potential. […]
Content When does tax season start? Smart Financial Decisions Made Simple What to know about the Second Stimulus Checks Treasury and IRS begin delivering second round of Economic Impact Payments to millions of Americans Filing Your Taxes It’s also worth noting that if you didn’t receive the first stimulus payment but were entitled to one, […]
Introduction to accounting frequently identifies assets, liabilities, and capital as the field’s three fundamental concepts. Assets describe an individual or company’s holdings of financial value. In its most basic sense, accounting describes the process of tracking an individual or company’s monetary transactions. Accountants record and analyze these transactions to generate an overall https://www.bookstime.com/ picture of […]