You can calculate operating cash flow (OCF) using either the direct method or the indirect method. The most commonly used method is the indirect method, which starts with net income and adjusts for non-cash expenses and changes in working capital. The important how to enter a credit memo in quickbooks takeaway from this is that while increasing revenue generally enhances …

Insurance companies use these different types of charges — the premium vs. the deductible, for example — sort of like dials to keep their own costs manageable. A basic plan they sell might dial down the monthly premium on a particular plan, so it looks inexpensive. But that same plan might have a high, “dialed up” deductible of, say, $6,000 …

Also, Gusto calculates, files and pays local tax obligations automatically. QuickBooks Payroll starts at $6 per employee with a $50 base per month. You can purchase QuickBooks Payroll as a standalone product or bundled with QuickBooks Online if you need accounting software. All plans have multistate tax filing which costs $12 per person under the Core and Premium plans but …

As an independent contractor, you can operate as a sole proprietor, a limited liability company (LLC) or an S-corporation. The majority of businesses in the U.S. are run as sole proprietorships, so we’ll focus on that structure in this article. I highly recommend Shared Economy Tax Services, it was my first year doing my taxes as a business Airbnb Host …

Additionally, it offers tax solutions and assists companies in setting up and implementing internal controls. The firm’s employees participate in the country’s leading professional organizations, such as the AICPA and AIPB, to keep themselves abreast of new standards and emerging trends in the industry. Anderson Business Services, Inc., has been serving individuals and small businesses from Tampa and the surrounding …