Month: November 2020

If you’re a small business owner or an accountant, you need to stay on top of ever-changing developments within the space. The IRS blog, while occasionally a little dry, is full of the information you need to navigate the world of tax, making it an essential resource. Financial Cents is a popular ...

If you use this method of accounting, you’ll have to tally up your earnings and outgoings in the same accounting period. Businesses manage their finances using either cash basis of accounting or accrual basis of accounting. These two methodologies are different in their approach towards recording ...