by Folasade Ayegbusi | Jun 6, 2023 | Tax
Find Out the Four Tax Credits That Can Save You Thousands of Dollars in 2023 Tax credits are one of the best ways to reduce your tax liability and save money on your taxes. Unlike tax deductions, which lower your taxable income, tax credits directly reduce the amount...
by Folasade Ayegbusi | May 26, 2023 | Business Cash Flow
What is the Difference Between Cash Flow and Profit? Why is it Important to know? In the realm of financial management, two fundamental concepts often become the center of attention: cash flow and profit. While they are closely related, it’s crucial to...
by Folasade Ayegbusi | May 22, 2023 | Managerial and Financial Accounting
What is the Difference Between Managerial Accounting and Financial Accounting? Why is it Important to Know the Difference? In the realm of accounting, two key branches play distinct yet interrelated roles: managerial accounting and financial accounting. While they...
by Folasade Ayegbusi | May 12, 2023 | Accounting, Bookkeeping
Small Business Accounting Tips: How To Use Excel For Accounting And Bookkeeping If you’re a small business owner, you know how important it is to keep track of your finances. But you may not have the budget or the need for professional accounting software or...
by Folasade Ayegbusi | May 9, 2023 | Tax
5 Tips for Dealing with the IRS’s Slow Response Times Introduction As taxpayers, dealing with the IRS can be a daunting task. One of the biggest frustrations is the slow response times that can occur when trying to resolve issues with the agency. However, there...
