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How to Choose between Cash vs. Accrual Accounting for Your Business

Are you unsure if cash or accrual accounting would be the best method of accounting for your...

Extended Warranty Services

The definition of "extended warranty services" in KRS 139.010(15) now includes "prewritten computer...

Four Functions of AP

What is Accounts Payable? What does Accounts Payable do? These are important questions for business...

GAAP VS TAX

GAAP (generally accepted accounting principles) refers to a common set of accounting principles,...

Importance of Filing Quarterly Payroll Tax Returns

Businesses with one or more employees are required to withhold and pay withholding. Depending on...

Importance of Coding Transactions Correctly

“Accurate coding is the cornerstone of reliable accounting and bookkeeping”.

Match Online Bank Transactions in QuickBooks Online

QuickBooks Online (QBO) is a great asset to a company and when used properly can be very efficient...

Changes to Salary Thresholds

On April 26, 2024, the Department of Labor (“DOL”) published the Defining and Delimiting the...

The Importance of Filing Quarterly Payroll Tax Returns

Businesses with one or more employees are required to withhold and remit taxes. Depending on the...