What is an Accounting Method?An accounting method refers to the rules that a business follows when reporting income and expenses. The two main accounting methods are accrual accounting...
There were a lot of provisions to the reform bill or Tax Cuts and Jobs Acts recently, reducing taxes for most business such as a change on corporate tax rate cut from 35% to 21% and...
The introduction of Tax Cuts and Jobs Act signed by the President brings about many tax breaks for the businesses. However, while there are plenty of breaks, there are also some areas...
For many small businesses, the ability to spend large amounts of capital for upgrades or replacing equipment might be limited. Therefore, a business owner might look for capital at...