Category: Bookkeeping

  • What Does an Accountant Do? Duties, Rules, Skills, and History

    A CPA is an excellent choice for making sure the bills get paid and the money that customers owe you actually makes it into the bank. Also, most states limit non-CPA ownership of CPA firms to 49 percent; although a few states (New York and Delaware are notable examples) require that CPA firms be 100…

  • Predetermined Overhead Rate Example Advantage

    Content What are the Advantages of Predetermined Overhead Rate? How often should you calculate your predetermined overhead rate? How to Calculate a Predetermined Overhead Rate When is the predetermined manufacturing overhead rate computed? Sales and production decisions based on this rate could be faulty Example of┬áPredetermined Overhead Rate What are some common methods of factory…

  • Pass-through entity tax PTET

    Content Notable 2023 State Individual Income Tax Changes When are 2022 taxes due? Year-End Capital Gains and Losses Business Interest Nonrefundable Income Tax Credits Form 1099-B: Cost Basis and Options Trading Special $300 charitable contribution deduction A payer who withholds Colorado income tax must report the withholding on the IRS Form 1099 issued to the…