da admin | Mag 30, 2024 | Bookkeeping
If you meet the IRS qualifications for not paying capital gains tax on the sale, inform your real estate professional by Feb. 15 following the year of the transaction. A homeowner can make their second home into their principal residence for two years before selling...
da admin | Mag 17, 2024 | Bookkeeping
It was founded and led by Nina Afshar, who has more than 25 years of experience in the business. Our firm offers a wide range of accounting services including business consulting, payroll processing, audits, bookkeeping, new business advisory, and much more. It...
da admin | Ott 6, 2023 | Bookkeeping
Inflation is an economic concept that refers to increases in the price level of goods over a set period of time. The rise in the price level signifies that the currency in a given economy loses purchasing power (i.e., less can be bought with the same amount of money)....
da admin | Gen 26, 2023 | Bookkeeping
We are not to be held responsible for any resulting damages from proper or improper use of the service. The break-even point is an extremely important starting goal to work towards. No matter whether you are a business owner, accountant, entrepreneur or even a...
da admin | Giu 17, 2022 | Bookkeeping
In other contexts, residual value is the value of the asset at the end of its life less costs to dispose of the asset. In many cases, salvage value may only reflect the value of the asset at the end of its life unearned revenue without consideration of selling costs....
da admin | Feb 17, 2022 | Bookkeeping
Assuming that the discount rate is 5.0% – the expected rate of return on comparable investments – the $10,000 in five years would be worth $7,835 today. The Present Value (PV) is a measure of how much a future cash flow, or stream of cash flows, is worth as of the...