It is important to organize your business finances whether your business is small or large. If your business is a large one, then you will likely have a full time accountant to look after your finances, so the following tips are generally aimed at small businesses where you will probably...
Every company relies on its personnel for day-to-day operations and long-term success. Businesses provide remuneration based on the type of job completed and the skill set of workers. Although it is the primary obligation of any firm to pay its employees in full and on time, employees frequently do not...
QuickBooks is a very popular accounting software that helps you in managing your business finances and get your work done. This software is the most commonly used accounting software for small businesses, because it has many features to offer. In this article, we will discuss some of the benefits of...
Escrow payments are getting more and more popular in a variety of industries. They are used in real estate transactions, online purchases, and even in business deals. Why, you might ask? Because escrow services provide a degree of safety for the buyer and the seller in a transaction. If you...
Issues like climate change, pollution, and more are serious challenges that must be overcome if humanity wishes to preserve the planet for future generations. To solve these problems, businesses will have to do their part. In a harsh economic climate, however, many business owners may be hesitant when it comes...
The Pradhan Mantri Awas Yojana is a great initiative undertaken by the Indian Government with an aim to provide “housing for all”. The primary objective of the Pradhan Mantri Awas Yojana scheme is to provide affordable housing for all sections of society belonging to urban and rural India. Accordingly, this...
Women in today’s world are not confined to their age-old roles of being the caretaker of the family. Instead, they aspire and shine at being equals with their male counterparts. And this is not solely limited to sharing work pressure, but also includes the sharing of responsibilities when the time...
When it comes to debt, there are a lot of things that go into the decision-making process of whether or not to collect on it. One of the most important factors in this equation is the location of the debtor. When a company has a foreign debt, there are some...
Form 1096 is the IRS form that reports non-employee compensation. If you are self-employed or have employees who are not on your payroll, you may have to file Form 1096 with your tax return. So, what Is form 1096? The 1096 form reports information to the IRS about non-employee compensation....
Do you manage a business? Then you need to be good at handling your finances. If not, even a little mistake can cost you a lot. This is why more and more businesses are hiring an accounting department. However, if your business doesn’t have one, you’ll want to consider getting...
Students who wish to study but have financial constraints can benefit from personal loans for students. It is a great boost for banks, as well as for your career, to pay for your education while you’re studying and then repay when you start earning. Almost all of India’s major banks provide personal...
Employee retention credit is a tax break that may be available to small business owners (ERC). Companies who maintained a staff during the COVID-19 outbreak can claim this refundable tax credit. You are not alone if this is the first time you’ve heard of the ERC. As of 2021, only...
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