May 7, 2024

What Is Double-Entry Bookkeeping? A Simple Guide for Small Businesses

Before diving in, however, it’s important to understand what’s involved to get your new business up and running. The more prepared you are before launching, the […]
January 12, 2024

Employee vs independent contractor: Differences you need to know

The Department believes that legal clarity provided by this rule will result in, among other things, lower regulatory compliance and litigation costs, more efficient and innovative […]
November 24, 2023

15 Great Ways To Make Your Money Last In Retirement

Proper retirement planning can’t and won’t eliminate the risk of running out of money in retirement, but it sure can make it much less likely. Consider […]
July 28, 2023

Certified Public Accountant: What the CPA Credential Means

You can do the Online Master’s of Accounting (iMSA), offered by the University of Illinois Urbana-Champaign on Coursera. Therefore, you can take on additional duties related […]
May 10, 2023

Florida Sales Tax: Rates, Who Pays

Whether you should move to a state with no income tax depends on your personal financial situation and your individual priorities. Families with college-aged students might […]
February 21, 2023

What Is the Accounting Equation? Examples & Balance Sheet

Our popular accounting course is designed for those with no accounting background or those seeking a refresher. Shareholder Equity represents the net or book value of […]
February 14, 2023

QuickBooks Desktop, Compare QuickBooks Desktop to Online

One of the best ways to protect yourself, personally and professionally, is to make sure that you’re using secure passwords, along with two-factor authentication wherever applicable. […]
February 7, 2023

Which Transactions Affect Retained Earnings?

Log onto the Annual Reports website to access a comprehensive collection of more than 5,000 annual reports produced by publicly-traded companies. The site is a tremendous […]
September 12, 2022

Normal account balance definition

Ultimately, it’s up to you to decide which side of the ledger each account should be on. Normal balances can help you keep track of your […]