How To Calculate Retained Earnings?
A statement of retained earnings shows the changes in a business’ equity accounts over time. Equity is a measure of your business’s worth, after adding up assets and taking away liabilities. Knowing how that value has changed helps shareholders under...
Dont Buy The Sales Tax
This limitation was defined as part of the Dormant Commerce Clause by the Supreme Court in the 1967 decision on National Bellas Hess v. Illinois. An attempt to require a Delaware e-commerce vendor to collect North Dakota tax was overturned by the cou...
Intuit Quickbooks Online Review
You also have the option to find an accountant through the QuickBooks ProAdvisor network, too. With QuickBooks Online Plus and Advanced, you can track inventory and cost of goods, and set up low stock alerts. You can also create purchase orders, mana...
Tax Liability: Explanation and Calculation
Taxes are confusing, but you are not alone. In this article, we clear up some basic terminology and explain the meaning of tax liability. We also explain how you can estimate your tax liability so you would not be facing a huge tax bill when it is time to submit your tax return or payRead More