Dividend payouts may also help provide insight into a company’s intrinsic value. Many countries also offer preferential tax treatment to dividends, where they are treated as tax-free income. A company with a long history of dividend payments that declares a reduction of the dividend amount, or its elimination, may signal to investors that the company … Read more
In essence, invoices are indispensable tools that streamline financial processes, foster transparency, and contribute significantly to the growth and success of a business. Before we jump into how to create an invoice, understanding its purpose and significance for your business is crucial. Some industries may see businesses traditionally transacting on 60, 90, or even 120 … Read more
If you are like most of our small business clients, you don’t have time to focus on the bookkeeping, accounting, tax, administrative areas of your startup business. We specialize in small business accounting and tax planning, but we also advise on how to grow your company. THomas Huckabee CPA, is a certified QuickBooks Proadvisor, which … Read more
Like all accountants, agricultural accountants require formal education and training. Agricultural accountants develop financial strategies that boost a farm’s profitability. They advise on the optimal allocation of resources, efficient tax planning, and investment opportunities. IFRS Accounting Standards are, in effect, a global accounting language—companies in more than 140 jurisdictions are required to use them when … Read more
Reporting is complicated due to “breakage” or gift cards that remained unused in the system. Because some cards do not have expiration dates, retailers must decide when the gift card amount is effectively “lost” on the books. Historical estimates of breakage by consumer research groups estimate that between 10-19% of gift cards are never redeemed. … Read more
With automated accounting processes, you can create and send invoices instantly and enable direct digital payments, providing a better customer experience. This can also reduce the time and energy spent tracking down outstanding invoices, allowing you to keep the peace with your customers. By automating accounting processes, you can put your resources to the best … Read more