SOX (Sarbanes-Oxley Act of 2002) protects investors in the USA from falsified accounting activities by organizations. The SOX law was enacted after numerous major accounting scandals occurred during the early 2000’s committed by companies like WordCom, Enron, and Tyco. What… Continue Reading
Businesses often get so busy with business operations that they forget to pay attention to the essentials of filing their tax returns. Some entrepreneurs are unsure about the process and how much tax they have to pay to the government.… Continue Reading
The impact of technology on the world is evident across the board. So much so that technological innovations have completely transformed even the most basic functions of everyday life. One of the most evident examples of this is developments in… Continue Reading
When the novel coronavirus, COVID-19, spread across the globe, business owners and their staff went into panic mode. Stay-at-home orders meant companies had to close their doors, and that ultimately caused the closing off of income streams. Even in the… Continue Reading
Stated income mortgage loans were the hot topic of controversy that eventually greatly contributed to the 2008 housing market bubble. Many Americans could simply request a loan based on nothing but the sheer amount of numbers on paper that they… Continue Reading
With the modern day times of internet it is now common place for businesses to be able to generate sales from different states and all over the world and with this trend comes confusion for many small businesses around the… Continue Reading
As a small business owner, crunching through your bookkeeping data can sometimes reveal faults in your reporting. Whether these errors are the result of fraud or manipulation or whether they are simple manual data entry mistakes, they can create serious… Continue Reading
As your business grows, it becomes harder and harder to keep track of your utilities. As your facilities grow, there will be so many areas of utility expenditure to monitor. When you are having to monitor so many sources of… Continue Reading
Managing your business finance is important because when you know your financial position you can make projections for the future which help you to make essential business decisions. Having everything in order also makes it easier when you have to… Continue Reading
In this ever-changing, dynamic corporate business world, your business may not survive without a suitable answering service. As your business grows, you won’t have enough time to answer phone calls. Thus, the need for this service becomes increasingly important. Oftentimes,… Continue Reading
It’s never easy to manage money, debts, and repayments. Not every person can manage their finances like a pro. This is especially true for medical students and physicians during their training period! Most physicians and medical practitioners, who are in… Continue Reading
Most people know that leaving the money in the bank isn’t the smartest idea, when you could instead put it to work and make it grow. And they also know that one of the best ways to put your money… Continue Reading
Accounting is an essential need of every business, big or small. It is not restricted to bookkeeping but also provides financial advice and a lot of decisions are based on the results of accounting. It deals with the most important… Continue Reading