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Financial Forecasting: What You Need To Know
What is Financial Forecasting? Financial forecasting is an approximation of upcoming financial events for a company. Forecasts compile the data on profits, expenses, and losses. This data is used to predict the future of
Accounting For Your Online Business: What You Need To Know
As online shopping continues to expand and become the main source for many to purchase products and services, online businesses need to track their sales and stay on top of their finances. Whether an
What is the Difference Between Financial and Management Accounting?
While there are many similarities between Financial and Management accounting there are a few key differences that set them apart. The differences are predominantly centered around compliance, the audience, and typical accounting standards.
How Your Business Can Continue To Thrive During High Inflation
During a regular year, you can expect prices to rise by 2% to 3%, but inflation is currently sitting around 9%. With inflation at its highest point over the last 40 years, there is
1035 Annuity Exchange
A 1035 annuity exchange is a rule under Section 1035 of the Internal Revenue Code that allows for a tax-free exchange of a life insurance or annuity policy for a different annuity contract that
IRS Backlog of Tax Returns Hits 35 Million
The IRS has faced a significant backlog of over 35 million individual and business income tax returns requiring manual processing, a result of an “unprecedented” number of returns needing additional review, according to the
Setting up an LLC for Real Estate
I am often asked if real estate investors need to create a separate Limited Liability Company (LLC) for each investment property they own, or if one LLC can cover them all. My answer is always:
Management Consulting – How An Expert Can Help Your Business
Management consultants are great for helping companies solve complicated problems by providing expert solutions to improve the overall financial operations of an organization and help implement new strategies to streamline business operations. Clients hire
