These bonds help fund essential public projects, promoting advancements in renewable energy, education, and community development. By filing Form 8912, taxpayers can reduce Accounts Receivable Outsourcing their tax liability while supporting government-backed initiatives aimed at building a sustainable and equitable future. This form not only provides a financial benefit but also encourages investment in projects […]
CFO For Startups : Roles & Responsibilities Hiring CFO
By offering comprehensive financial planning, modeling, and analysis, Zeni helps startups navigate complex accounting and financial landscapes without incurring the cost of a full-time CFO salary. Zeni’s approach empowers startups with strategic financial partnerships to support their growth, filling the critical gap in finance knowledge and time that founders often face. Get strategic financial leadership […]
Executing the Steps of Record to Report on Transactions and Ident
AI reduces manual workloads, improves accuracy, accelerates close cycles, and enhances control over financial record to report process data. Complexity of ProcessesThe process involves multiple detailed steps, and managing these complex processes can be challenging, particularly for organizations with high transaction volumes. Regulatory ChangesAdapting to frequent updates in accounting standards and regulations is challenging. Organizations […]
IRA deduction limits Internal Revenue Service
PhilHealth can now collect premiums from direct contributors using the 5% rate and will follow the P100,000 monthly basic salary ceiling set for 2025. If you haven’t deposited salary reduction contributions to employees’ SIMPLE IRAs by the above dates, find out how you can correct this mistake. Whether you earn over $1 million per year […]
Investing Activities in Accounting: Meaning, Examples & Cash Flow
Below is the cash flow statement from Apple Inc. according to the company’s 10-Q report issued on Nov. 2, 2023. The three sections of Apple’s statement of cash flows are listed with operating activities at the top and financing activities at the bottom of the statement. Cash flow from investing is included on a company’s […]
Effective Rates
Under this method, the amount of interest expense in a given accounting period correlates with the book value of a bond at the beginning of the accounting period. Consequently, as a bond’s book value increases, the amount of interest expense increases. The bond has a coupon interest rate of 5%, which is paid at the […]
Allowance for doubtful accounts & bad debt expenses: Calculation
In accounting, businesses often sell goods or services on credit, meaning they allow customers to pay at a later date. To prepare for this possibility, companies use an account called «Allowance for Doubtful Accounts» to estimate and record the portion of receivables they believe may not be collected. Monitoring this ratio regularly allows businesses to […]
SMB Bookkeeping Services in Phoenix, AZ
They are familiar with the deductions and credits available to creators, helping you save money while staying compliant with tax regulations. We specialize in solving messy bookkeeping problems, getting you caught up if you’re behind, and delivering clear, customized financial reports every month. Whether you need help reconciling years of backlogged transactions or just want […]