Bookkeeping

Personal bookkeeping can be a game-changer, whether you’re an entrepreneur, a freelancer, or simply someone looking for a better financial organization. Yes, our mobile app offers all the functionality to track expenses from both receipt scans and bank/credit card account information. Using the FreshBooks app, you can access reporting features and scan your receipts directly […]

For taxpayers whose native language isn’t English, we have the following resources available. Taxpayers can find information on IRS.gov in the following languages. (IRS.gov/wmar) under the “Tools” bar to track the status of Form 1040X amended returns. Please note that it can take up to 3 weeks from the date you mailed your amended return

Many private companies also use this method because it is GAAP-compliant whereas variable costing isn’t. Full absorption costing–also called absorption costing–is an accounting method that captures all of the costs involved in manufacturing a product. Since COGS is higher under absorption costing, net income is lower compared to variable costing. But absorption costing net income