How much should a taxpayer pay in estimated tax payments? Well, it depends. Wages earned from an employer typically have taxes withheld. If you have taxable income that does not have taxes withheld, taxes are due when the income is earned or received. If you were surprised by a large balance due at the completion …
As I began my virtual business, I noticed many advertisements for work-from-home opportunities. Included in these advertisements were many remote bookkeeping opportunities. Often, businesses will hire a bookkeeper rather than an accountant because the bookkeeper is cheaper. So, what is the difference between a bookkeeper and an accountant? What service can each provide to a …
Birth is your opening stock. What comes to you is credit. What goes from you is debit. Death is your closing stock. Your ideas are your assets. Your bad habits are your liabilities. Your happiness is your profit. Your sorrow is your loss. Your soul is your goodwill. Your heart is your fixed assets. Your …
