A Guide To Sending Out 1099s

Sending out 1099 forms is an important tax-related task for businesses in the United States. These forms are used to report payments made to non-emplo...
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Job order costing vs process costing

Job order costing and process costing are two distinct methods used in accounting and cost management to allocate costs to products or services. They...
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What is a Business Tax Code?

A business tax code typically refers to a set of rules, regulations, and tax laws that govern how businesses are taxed by the government. It outlines...
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Tips on tax reduction for businesses

Reducing taxes for your business legally and ethically is a sound financial strategy that can increase your profitability and cash flow. Here are some...
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What is a Journal Entry?

A journal entry is a fundamental accounting record used to track and document financial transactions within a business. It's the first step in the dou...
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