14 Articles Under This Category. Are You Aware of the Consequences of Not Filing Your Tax Return? - - Jay Allen Finn
Many good folks each year fall behind in filing their tax returns. The largest reasons for not filing are fear of not knowing how to file and the thought of not being able to pay the balance due. Even if you are unable to pay you should file your return to avoid future penalties for not filing.... Submitted 3 years 168 days ago.

QuickBooks vs. Peachtree: Which is Better for Your Business Needs? - Raquel Johnson de Lemos
In the world of accounting and financial software there are numerous options available to small business owners. Accounting is the language of business, so choosing the right accounting software program for your business is vital. Many of the accounting and financial software programs available... Submitted 1 year 198 days ago.

The Transition from U.S. GAAP to IFRS: A Strength or Weakness for U.S. Business? - Lauren McLennan
In 1973 the Financial Accounting Standards Board (FASB) was organized to establish standards of financial accounting and reporting. They created the Generally Accepted Accounting Principles (GAAP) that are used today in the United States . These standards are essential for comparable financial... Submitted 3 years 201 days ago.

Everything You Need to Know about Filing Your Taxes - Maggie Beetz
There’s no shortage of information available about the complicated world of taxes. But you can also find plenty of information on how to make the filing process simple and easy and everything you need to know is buried within the IRS website. Here is a roadmap to the most essential information... Submitted 4 years 339 days ago.

Do I Really Need A Business License and Tax ID? - Tim Knox
I've gotten quite a few emails recently from ebusiness owners who seem to think that just because their business is conducted online or from the comfort of home that the rules and regulations that govern brick and mortar businesses do not apply to them. The ebusiness questions I get most often... Submitted 5 years 356 days ago.

Advantages and Disadvantages of Accounting as a Profession - Torri Myler
The decision to pursue a career in some kind of profession should be well-researched and not based on emotions. This does not mean our interests or preferences have no place in this important choice, but they have to be offset against some sort of analysis that looks into such down-to-earth... Submitted 1 year 73 days ago.

Extreme Tax Deductions May Increase Chances of Being Audited - Ron Finkelstein
At the IRS, everything is about averages. The standard deduction is the average amount of deductions for your situation. Tax credits are all based on average costs and benefits of having a child or going to college or buying energy efficient appliances. But what you may not know is that the IRS... Submitted 2 years 332 days ago.

Financial Reporting, Auditing and Taxation in Singapore - Irene Yap
The Accounting Profession of Singapore The Institute of Certified Public Accountants of Singapore (ICPAS) is the national body representing the accounting profession in Singapore. It maintains a register of qualified accountants comprising mainly local graduates. Membership is open to members... Submitted 4 years 71 days ago.

The Benefits of an Accounting Career - Jane Sanders
If you are searching for a career that is long termed and beneficial, you might want to consider a career in accounting. Many successful people in the world today was at one time involved in accounting. Not only does this career give you the benefits of working for a large corporation, it also... Submitted 1 year 31 days ago.

Nine Signs of an Excellent Bookkeeping Service : Choosing a bookkeeping services - - Mia Cusack
Too often, we choose suppliers, services and business partners based on quite arbitrary reasons - the largest ad in the phone book, a company that your friend recommended, or the cheapest service. The criteria for excellence in a business partner goes well beyond a single factor, and when you’re... Submitted 1 year 89 days ago.

MYOB vs QuickBooks: Which Should I Choose? -The clash of the bookkeeping titans continues - - Mia Cusack
It's the age-old debate, almost as well known and as polarising as Coke vs Pepsi or Ford vs Holden! MYOB and QuickBooks are each very different accounting packages, although you'll find many dual MYOB bookkeepers/QuickBooks bookkeepers. Each program has its own strengths and weaknesses, and is... Submitted 1 year 89 days ago.

When Quickbooks May Not Be the Answer - Sandra Klocinski
When you run a business (or a nonprofit), you track company finances for two reasons: to keep your business running smoothly and to generate the reports required by the IRS and anyone else you have to answer to. Quickbooks helps you perform basic financial tasks and manage your business to make... Submitted 2 years 210 days ago.

Transform 20th Century Accounting to 21st Century Records Management - - Harry Greene
For some time, there has been a need for professional records management to manage the records capital of the enterprise. This has provided the opportunity for the accounting profession to expand their outlook to professional records management. But, to this day, the main barrier to 21 st century... Submitted 3 years 195 days ago.

Tax Planning for Sole Traders and Partnerships - Guy Parker
There are many tax strategies available to proprietors of small businesses, effective planning can be successful in reducing tax burdens especially where accountancy training and development has been in place. Tax planning is the systematic analysis of differing tax options aimed at the... Submitted 2 years 232 days ago.