Anfisa is a talented accountant.
In this blog she talks about accounting services, payroll, investment consulting, tax training and much more.
AnfisaWDmitrieva@www.business-accounting.net
Phone: 303-647-3438
Lawsuits and the threat of lawsuits are the most common contingent liabilities, but unused gift cards, product warranties, and recalls also fit into this category. Liabilities are a vital aspect of a company because they are used to finance operations and pay for large expansions. For example, in most cases, if a wine supplier sells … Continue reading “What Are Liabilities? Definition, Examples, and Types”
Please review the privacy policies and security indicators displayed on the external website before providing any personal. Pete Rathburn is a copy editor and fact-checker with expertise in economics and personal finance and over twenty years of experience in the classroom. Opinions, advice, services, or other information or content expressed or contributed here by customers, … Continue reading “check-kiting Wex LII Legal Information Institute”
Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy. Many … Continue reading “Cashing Old Checks: How Long Is A Check Good For?”
An accounting transaction is a business activity or event that causes a measurable change in the accounting equation. Merely placing an order for goods is not a recordable transaction because no exchange has taken place. In the coming sections, you will learn more about the different kinds of financial statements accountants generate for businesses. If … Continue reading “The Basic Accounting Equation Formula & Explanation”
This guide has information about corporate excise tax, from calculating the tax, to credits and deductions, to apportioning income. After getting your Part A, Part B, and Part C income, adjust each category of income to calculate Part B, Part A and Part C adjusted gross income, and finally calculate Part B, Part A and Part C taxable … Continue reading “Massachusetts Department of Revenue Tax Guides”
While figuring out your Illinois state income tax rate may be straightforward, not everything tax-wise is. In Illinois, the average effective property tax rate is 2.23%, which is one of the highest rates in the country. However, Illinois offers property tax breaks for some retirees. You must complete and file Schedule IL-E/EIC with your state … Continue reading “Illinois Income Tax Brackets 2023”
Located in the Pacific Northwest, Oregon is a state of contrasts. It has mountains and beaches, forests and deserts, cities and farms. Additionally, it also has a multi faceted tax system that affects how much money you take home. You need to file if your gross income is more than the amount shown below for … Continue reading “Oregon Tax Rates & Rankings Oregon Taxes”
Learn the definition of the accounting cycle, and explore the process, including its 10 basic steps, and how when they are done a new accounting period begins. Many companies are in the business of mining natural resources from the earth. How does a company account for the value of the land as those assets are removed? This lesson will describe the accounting procedure called depletion. Suppose you buy a $3,000 computer with a useful life of three years. In the first year, you spend $200 to fix […]
And, obviously, the sooner you send out invoices, the sooner you’ll get paid. Unearth any unpaid bills to ensure they get processed in the correct accounting period before you close out your year. In the meantime, you’ll need to analyze all the unreconciled expenses that have flowed through your shared account to determine which were business-related, and which ones were personal. As we get closer and closer to year-end most businesses will begin thinking about taxes. By the time ye […]
These include commercial property cover, product liability cover and employee cover. Here are some common types of insurance that are recommended for a business depending on the type of business they operate. Company A signs a prepaid insurance journal entry one-year lease on a warehouse for $10,000 a month. The landlord requires that Company A … Continue reading “Prepaid Expenses Journal Entry Definition, How to Create, & Examples”
