Forms 940, 941, 944 and 1040 Sch H Employment Taxes Internal Revenue Service

This blogpost only scratched the surface on IRS Form 941. There’s even more to know about the form, reporting schedules, corrections, and other forms and taxes that must reconcile with Form 941. Investing in a payroll resource guide can be an excellent way to keep up to date with all the changes and adjustments. Note […]

8 Best Online Bookkeeping Services of May 2024

A virtual bookkeeper handles your bookkeeping remotely—they may not be in your town or even your time zone. All communication and financial document storage is handled within bookkeeping software. Your virtual bookkeeper categorizes your transactions and prepares financial statements for your business. Bookkeeper360 offers a pay-as-you-go plan that costs $125 per hour of on-demand […]

How to Fill Out a Receipt Book in 2024 Step by Step Guide

Next to the date, include a unique receipt number. This way, if a customer calls to ask questions about a recent purchase, they can reference their receipt number and you can sidestep any confusion. Taking the time to select and customize the right receipt book for your business is an investment in your operational […]

Accounting & Bookkeeping In Monument, Colorado

Founded in 1982, BiggsKofford is a Colorado Springs-based certified public accounting firm serving the state of Colorado. The firm is a member of the AICPA and the COCPA; they are HCAA certified bookkeeping colorado springs and are accredited by the Better Business Bureau. Dimov Tax Specialists helps clients in Colorado Springs improve their cash flow […]

Capital Expenditure CapEx Definition, Formula, and Examples

If you didn’t believe this, you likely would not have purchased the property, hardware, or equipment in the first place. Because CapEx is any type of expense that a company capitalizes, or shows on its balance sheet as an investment, you will need to justify how the purchase adds economic value to the firm’s future. […]

Basic EPS Earnings Per Share Formula Calculation, Example, Analysis

In conclusion, Basic Earnings Per Share (EPS) is a key financial ratio that measures a company’s profitability by dividing its net income by the weighted average number of common shares outstanding. By understanding EPS and its calculation, investors can make informed decisions about their investments. As with any financial metric, EPS should be considered within […]

Home Appraisals: Everything You Need To Know

The appraiser usually takes photos of the various parts of the home during the walk-through. The appraiser handles the home visit individually, but homeowners might be present, especially if they are still living in the home. An appraiser must evaluate the current condition of the selling property to determine its value. These may include old […]

What Is Quick Ratio: Can You Pay Your Liabilities?

These examples demonstrate how to calculate the Quick Ratio using real-world financial data. For information pertaining to the registration status of 11 Financial, please contact the state securities regulators for those states in which 11 Financial maintains a registration filing. 11 Financial may only transact business in those states in which it is registered, or […]

Credit Memo: Using Credit Memorandums in Your Business

Usually, these add to the balance in the general ledger account. Credit memos are regular appearances on most checking amounts. Like in sales, this item can also apply to various scenarios. Usually, when banks add interest earned by the deposited money, they use a credit memo. Terms of payment Credit memo software like InvoiceOwl helps […]

Discounted Payback Period: How to Calculate & Examples

Thus, the value of a cash flow equals its notionalvalue, regardless of whether it occurs in the 1st or in the 6thyear. However, ittends to be imprecise in cases of long cash flow projection horizons or cashflows that increase significantly over time. The discounted payback period, in theory, is the more accurate measure, since fundamentally, […]