Business Accounting
Keeping your books in order is key to running a successful business. Learn how to do it right with tips on managing debt, tax obligations, and more.
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Paying Investors: How Dividends Work
Whether or not corporate shares will provide you with a steady stream of income depends on how well a company performs as well as the kind of stock you own. Are dividends the best choice for your particular financial situation?
· 3 min read
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What Is Straight Line Depreciation?
How do you calculate straight line depreciation? What are the pros and cons of straight line depreciation versus accelerated depreciation methods? Here's how you can decide if straight line depreciation is right for your business.
· 3 min read
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What to Do if Your Business Is Audited
Help! Your business is under audit. The word 'audit' tends to trigger panic among business owners but be prepared and stay calm. It's likely not as bad as you think.
· 3 min read
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What's the Difference Between Tax Fraud and Negligence?
Mistakes are a fact of life, even mistakes on taxes. The line between careless mistakes and tax evasion or tax fraud is sometimes blurry, but it's a line you don't want to cross. When does a mistake become tax fraud in the eyes of the IRS?
· 3 min read
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Internet Sales Tax: What E-Commerce Small Businesses Should Know
Small businesses with an e-commerce presence may be responsible for collecting and remitting sales tax to several states.
· 3 min read
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Consolidated Financial Statements vs. Combined Financial Statements: Which Should I Use for My Business?
Consolidated and combined financial statements are two different types of statements that help the public know whether it's worth investing in your company. Learn the difference between these statements and why you would pick one over the other.
· 3 min read
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Income Statement vs. Cash Flow Statement: Which One Should I Use?
Income statement or cash flow statement? The one you'll use will depend on the financial decision you need to make, because a cash flow statement provides you with a different set of information from the information presented in an income statement.
· 3 min read