Author name: admin

M.K. Vargas, L.L.C. is a tax specialist that provides superior financial and taxation services for individuals and businesses in the Austin area. The firm online bookkeeping was established in 1987 and has since offered bookkeeping, payroll, cash flow management, bank financing, business valuation, estate planning, business formation, tax preparation, and tax planning services. JK Bookkeeping […]

Corporations have specific rules about how and when profits can be distributed to shareholders. Only after the company has paid its taxes and fulfilled its financial obligations can shareholders receive dividends. For small business owners used to making quick, autonomous decisions, this can be a frustrating adjustment. In larger corporations, decisions may take longer to

As a result, WIP reports are a powerful tool for fostering precision with your numbers. For a deeper look at WIP and its impact on accounting for construction check out our article on “Everything you need to know about WIP”. If a remote bookkeeping service is worth hiring, they ought to be able to guarantee

The data held law firm chart of accounts by the IRS will often be accurate, which means that the checks carried out by the Underreporting program will be correct. However, if third parties have made mistakes in submitting their returns, this can lead to false results. There may also be other legal exemptions that aren’t