Disadvantages Of S Corporation
W-2 Converted To 1099 Reasonable Salary As a result the IRS stepped up enforcement on this issue and audited thousands of S corps that paid their owners little or no salary. Businesses incorporate to protect the owners’ personal assets from the company’s …. Read More
The Characteristics of Bookkeeping
The Characteristics of Bookkeeping The Lost Secret of Bookkeeping In order to correctly implement bookkeeping, companies will need to first choose which basis of accounting they’ll follow. It is necessary for business owners that are not knowledgeable about the intricacies of bookkeeping. …. Read More
Bookkeeping & Accounting Differences
Bookkeeping & Accounting Differences The financial statements will include expenditures, debts, receipts, accounts payable and receivable, invoices, and profits. Travel may be involved for those who work for multiple clients. Depending on the position, overtime hours might be required at certain times …. Read More