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Accounting and Tax Guide (Page 3)


Thinking Of Trading Crypto? Common Mistakes to Avoid

The decision to start trading cryptocurrencies can be exceptionally lucrative, or, unfortunately, it could cost you your hard-earned savings. That is if you make common fundamental mistakes while you're just getting started. Fortunately, follow a few simple guidelines for beginners and do your homework. You will substantially reduce your risks of potentially losing majorly at the end of your trading journey. That said, there are tons of reasons to... ❯❯❯

What is the point of Citi embracing Crypto?

What is the point of Citi embracing Crypto? Is Citi capable of filling the gap left by Tesla? Not that long ago, we covered how Citi had some problems with Financial Times after they published their ‘At the Tipping Point’ report touching on bitcoin. Now the dust has already settled. Back then (which was a few months ago), some big financial institutions were already dipping their hands in the cryptocurrencies’ market, one of them being BNY Mellon. But today, let’s look... ❯❯❯

How Can You Save Money with Online Shopping or in Stores Near Your College

College expenses can pile up pretty quickly. Apart from tuition, textbooks, and accommodation expenses, it is living costs that you should keep an eye on.  How to save money at college is one of the common concerns among students. As published in a Forbes article, student debt loan in the US now stands at $1.7 trillion. So, saving even small amounts of money could help you get ahead of the curve and not be held back by financial... ❯❯❯

Quick Cash Loans No Faxing - Hassle Free Access To Instant Cash

You might have already heard about Fast cash loans through the internet or any other source. These loans are used when someone is in instant need of cash. There are a lot of benefits of these loans for startup businesses and as well as individuals. There is no faxing involved which makes it much more efficient. This article will discuss quick cash loans and how you can get hassle-free access to instant cash loans. Fast Cash Loans Fast cash loans are... ❯❯❯

How to Find the Most Advanced Forensic Accountant for Divorce in Los Angeles

How to Find the Most Advanced Forensic Accountant for Divorce in Los Angeles If you have been to Los Angeles, you will understand that it is really "The City of Angels." It is a city in Southern California and is popularly known as the United States television and film industry hub.  There are many studios like Paramount Pictures, Warner Brothers, Universal Pictures, etc., near its iconic and world-famous HOLLYWOOD sign. It is also the home of great nightlife. But amidst all these, it is also known for its high divorce... ❯❯❯

Building your first budget

Get a clear picture of money coming in and money going out One of the most important things we learn in school is mathematics, but unless we’re going into sciences, we aren’t taught how to use numbers in any meaningful way. Financial mathematics is rarely covered, leaving most Millenials not knowing how to build and carry through on a budget. I’ve attempted to list 6 essential steps needed for basic budget management. It’s easier... ❯❯❯

What Happens When Consumer Proposals Are Rejected

What Happens When Consumer Proposals Are Rejected Consumer proposals are a helpful and effective way to reduce your debt and work towards financial freedom. They help those struggling with large amounts of debt by working with their creditors to come to a payment arrangement that helps the individual repay their debt and the creditors with receiving late payments. Still, not everything is perfect with the system of consumer proposals, and nowhere is this more evident than when they get rejected.... ❯❯❯

Is Gold the Best Precious Metal to Invest In?

Is Gold the Best Precious Metal to Invest In? One of the viable ways to secure one’s future financially is through investments. At the point of investment, it may not be entirely easy since you are not getting the return on investment (ROI) immediately. However, it is still considered a good way of securing a future devoid of financial incapacitation. When you are looking to invest your funds, you will find that there are several suggestions on different areas that you can delve into. One of... ❯❯❯

How to Manage Your Credit Card Debts in 2021

Credit cards allow consumers to enjoy their lifestyle just the way they want, but it is also one of the commonest ways in which they end up running into debt. The year 2020 has been a difficult one, with people losing jobs worldwide due to the pandemic. It is essential, more than ever, to be careful with your finances. Credit card debt settlement is an option if you find yourself unable to deal with your loans. Here are some methods in which you can... ❯❯❯

Benefits of Online Mediation for Business People

Mediation is one of the ways of resolving a dispute between two parties. Now, traditionally it has been carried out with in-person meetings at mutually agreed-upon locations and terms but lately, online mediation has found its way into the system. Online mediation doesn’t require the involved parties and as well as the mediator to travel to some location and resolve disputes; rather it can be done in the comfort of their respective homes with the... ❯❯❯

Why Your Account Business Needs a VPN

Why Your Account Business Needs a VPN In today’s business world, online security has become a big concern, as data breaches are becoming more frequent, cybercriminals are becoming more sophisticated, and the amount of leaked data is growing rapidly. It is also an unpleasant fact that many businesses, including accounting companies, are not prepared for data breaches, even though they are becoming more common day by day. It is crucial for accounting businesses to be proactive in... ❯❯❯

Tips for Keeping on Top of Wages

Tips for Keeping on Top of Wages As an employer, you have a duty to pay your employees wages or salaries. For many new business owners, getting used to scheduling a payroll and keeping on top of employees’ pay is a crucial learning curve. It can be hard to adjust and there are a number of legalities that you must comply with. We’ve put together some tips on keeping on top of wages as an employer. Wages vs Salaries First of all, you need to understand the difference... ❯❯❯

World's 10 weakest currencies

No one wants to live in a country with a weak currency. It's not only frustrating for the citizens of that country, but it also creates problems for people outside of the nation. A weak currency means costs are higher and goods are more expensive, which is never good if you're trying to make money! That's why we've compiled this list of the 10 weakest currencies from around the world. 1.Venezuela Bolivar Currency Code: VES (old VEF) The Venezuelan... ❯❯❯

How your business can improve its Corporate Social Responsibility

How your business can improve its Corporate Social Responsibility Businesses are increasingly looking to bolster their corporate social responsibility in an effort to boost their social accountability.   Optically, CSR looks great for customers and clients alike, but perhaps the area CSR plays its biggest part is employee motivation, feeling job satisfaction through the work they are doing. How a business goes about incorporating CSR into the business can be tricky, but also important – the smallest of... ❯❯❯

How To Choose Outsourced Accounting Services

How To Choose Outsourced Accounting ServicesPut your business on the path to success by finding the right outsourced accounting services for your company! Deciding on an accounting firm to handle your business’s financial affairs can make or break your company. So, you need to take a calculated approach to the selection process to ensure a beneficial working relationship. Before you even start contacting accounting teams, you should assess your company’s current needs, think about what... ❯❯❯

What Is Customer Preference And Why Is It Important?

Many consumers may not explicitly say why they prefer one product over the other. Many marketers out there do a big business by giving in to their consumers' demands, and the more their products and services are used, the greater the amount that they make, and this is pretty much a science. Aside from the availability and prices, knowing the customers' preferences will help you predict the number of products that you'll sell for the month and the price at... ❯❯❯

Self Employed Tax and Personal Tax Preparation In Abbotsford

Self Employed Tax and Personal Tax Preparation In Abbotsford It goes without saying that organizing and paying taxes can be a bit of a pain. This is the case especially if you aren't really knowledgeable about taxes. In this article, we'll be looking at two aspects of taxes; self-employed tax and personal tax preparation. With that being said, let's get right to it. Self-Employment Tax – What Is It Anyway? This refers to the fee which self-employed people are obliged to pay the government. This tax is a... ❯❯❯

Why Accounting Is Necessary For Your Business

While discussing a business, how can we neglect the importance of accounting! Before exploring why accounting is necessary for your business and why you need a chartered accountant, let’s talk about the basics of accounting. Meanwhile, if you’re in a hurry to grab an accountant, we (Accotax) have a team of certified Chartered Accountants in London. What is Accounting: Accounting is a systematic process of recording and analyzing the... ❯❯❯

Building Your Nest Egg in 5 Steps

Building Your Nest Egg in 5 StepsDo you have big dreams for your future or retirement? Do they involve living off of a nest egg? If the answer is yes, you’re not alone. Millions of Americans plan their retirement around their nest egg, the savings upon which you retire and live off of. When it comes to saving for retirement, the key is to start early. This is because the most common way of growing your nest egg is through investments. Investments made at an early age benefit more... ❯❯❯

How To Get Rid Of Your Student Loans

How To Get Rid Of Your Student Loans President Biden is willing to forgive $10,000 of federal student debt per student as part of the COVID-19 relief. According to the federal data, that could clear almost 15 million borrowers that owe $10,000 or less. If you owe less than $10,000, you may be fortunate to receive the loan cancellation.  However, you cannot solely rely on this forgiveness. First of all, more than 15 million student loan borrowers owe $10,000 or less. You may not get... ❯❯❯