The two versions are independent of each other, which means the data you enter on Desktop doesn’t sync to the Online version and vice-versa. Hosting services can provide remote access to Desktop versions at additional cost. Beyond simply implementing QuickBooks, FinOptimal offers Managed Accounting Services to further support your growth. However, a major pitfall is…
read moreCategoría: Bookkeeping
What Is Overtime & How Does Overtime Pay Work?
Still, employers that would have been most affected by the Biden DOL’s now-halted overtime rule should be aware that the “duties tests” for exempt status still apply. For instance, assume your withholding was calculated based on a regular annual salary of $50,000 but you earn an extra $5,000 in overtime. If your employer did not…
read moreDefinition, Explanation and Examples
You can find a company’s assets, liabilities, and equity on key financial statements, such as balance sheets and income statements (also called profit and loss statements). These financial documents give overviews of the company’s financial position at a given point in time. The accounting equation ensures the balance sheet is balanced, which means the company…
read moreWhen to file Internal Revenue Service
The IRS plans to continue expanding the information available on Where’s My Refund? As you likely know, federal income tax rates are tied to tax brackets that change yearly for inflation. That means you could fall into a higher or lower tax bracket each year based on your income and pay a different tax rate…
read moreCertified Public Accountant: What Is A CPA?
Our mission is to empower readers with the most factual and reliable financial information possible to help them make informed decisions for their individual needs. At Finance Strategists, we partner with financial experts to ensure the accuracy of our financial content. Their multifaceted responsibilities contribute significantly to the financial ecosystem, instilling confidence in stakeholders that…
read moreFOB Shipping Point Explained: Key Insights for Traders
However, it also means that the buyer bears the risk of any issues that may arise during transportation, such as customs delays or damage to the goods. The key is to keep your shipping documents clear, maintain open lines of communication, and consult experts when necessary. Armed with this knowledge, you’re well on your way…
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