Accounting is rated among the hardest jobs to fill in the US. As you hold this fact in your hand, now know that the job growth rate of accountants and bookkeepers is 10% lower than that of other professions. So, even though the job to applicant’s ratio shifts in favour of employers, it has become […]
With the high volume of invoices and price fluctuations, invoice processing in accounts payable tends to be the most complex accounting function that sucks in a lot of time and effort. Conversely, this is also what makes it the chief contender for outsourcing. By outsourcing accounts, payable restaurant businesses can transform their accounting performance while […]
Right from 2021, IRS has been steadily making changes in 1099s & W-2s to make the filing more efficient and accurate in terms of compliance and reporting. While it has updated 1099-MISC, 1099-NEC, it has also made quite a few changes to 1099-K as well. As a trusted remote accounting firm that specializes in 1099 and […]
More income doesn’t necessarily mean a high tax rate especially when you have a tax consultant or financial advisor who can help you manoeuvre the menacing federal tax policies. There are plenty of tax reductions strategies one can employ to reduce their tax burden which most high-income earners are not aware of. So in this […]
The year 2020-21 has turned out to be the most challenging years since the recession of 2008. The global health challenge of COVID-19 stalled the world, brought the market down and triggered a global recession of sorts. The pandemic has impacted every industry, forced them to adopt the new normal, change their strategy, and revise […]
With the economy recovering and the market gradually finding its feet post-pandemic, this is the perfect time for every business to step on the accelerator. If you are a small and medium business that shares the same goals then it is important to equip your accounting department with accounting tools to help you chart, support […]
The global crisis of the COVID-19 pandemic has left a scar on all types of businesses. Post-pandemic every business’s singular aim is to recover as fast as possible and make growth possible with improved strategy, revised operations and budgets. In the wake of these new changes, the time has never been more right for businesses […]
The global health crisis has shattered the market and shunted small and medium businesses. The business had to shut down overnight and make all efforts to stay afloat by adopting online shopping. Industries like tourism and hospitability were severely impacted without a reprieve. Having said that, there has been never a better time for expert […]
Post-pandemic, the majority of the large organization continue to work remotely by benefitting from online and remote accounting services. Given how easily one can access the best accounting services at an affordable cost while achieving solid ROI and accounting performance, remote accounting has become the go-to for SMB entities looking to recover and grow post-pandemic. […]