Category: Business

Benefits of Cloud-Based Accounting Solutions

 The Advantages of Cloud-Based Accounting Solutions Accessibility and FlexibilityCloud solutions such as QuickBooks Online enable its users to assess information from anywhere using an internet connection. It allows real-time access to view, analyze, and update information. Unlike past accounting methods, which were often limited to specific locations or devices, cloud-based accounting offers flexibility and accessibility […]

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Outsourced Accounting Service Benefits for Your Startup

Running a startup is hard enough as it is without the additional stress of knowing how your accounting functions will be handled. This is why you need to do everything possible to sort out how you will take care of your startup’s accounting functions. Using an outsourced accounting service offers many benefits. That is what […]

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Reasonable Compensation in Wages an S Corp Stockholder

Article Highlights:S Corporation CompensationReasonable CompensationFactors Determining ReasonablenessIn the Spotlight199A DeductionS corporation compensation requirements are often misunderstood and abused by owner-shareholders. An S corporation is a type of business structure in which the business does not pay income tax at the corporate level and instead distributes (passes through) the income, gains, losses, and deductions to the […]

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