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Also, the amounts from the tables don’t increase the social security tax or Medicare tax liability of the employer or the employee, or the FUTA tax liability of the employer. Beginning with the 2020 Form W-4, employees are no longer […]

In all but the smallest of organizations, a cash flow forecasting process will involve gathering data from several people or departments. Forecasting involves inherent uncertainty, making scenario analysis and sensitivity testing invaluable practices. Moreover, small businesses typically have limited resources […]

Today, individuals and businesses alike generate more financial data than ever before. Statements from various bank accounts, online transactions, and other financial data are a very real part of our everyday lives; unfortunately, so are financial crimes like fraud. All […]

We have to go back years to clean up the books and organize ledgers of businesses that haven’t had competent bookkeeping. Here are some of the things we do so that you can feel more comfortable with your business’ bookkeeping. […]

Salvage value is a critical concept in accounting and financial planning, representing the estimated residual value of an asset at the end of its useful life. After ten years, no one knows what a piece of equipment or machinery Bookkeeping […]