Florida Tax Tables 2022 Tax Rates and Thresholds in Florida

We can help with your FL taxes, including federal deductions for paying state taxes. The state’s tax revenue primarily is derived from tax on businesses and industry, as well as Florida real property and hospitality tax. Mirroring the futurism discourse of the 1960s,...

Accumulated Depreciation: Everything You Need to Know

SmartAsset Advisors, LLC (“SmartAsset”), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. As you can see from the above example, in the final year, the balance is posted to ensure the asset is fully depreciated. The...

Accumulated Depreciation: Everything You Need to Know

SmartAsset Advisors, LLC (“SmartAsset”), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. As you can see from the above example, in the final year, the balance is posted to ensure the asset is fully depreciated. The...

Accounting for Purchase Returns Entry, Example, and More

And, credit your Cost of Goods Sold account to reflect the decrease in your cost of goods sold. The Sales Returns and Allowances account is a contra revenue account, meaning it opposes the revenue account from the initial purchase. You must debit the Sales Returns and...

Accounting for Purchase Returns Entry, Example, and More

And, credit your Cost of Goods Sold account to reflect the decrease in your cost of goods sold. The Sales Returns and Allowances account is a contra revenue account, meaning it opposes the revenue account from the initial purchase. You must debit the Sales Returns and...

Bookkeeper Job Description

Typically, single entry bookkeeping is suitable for keeping track of cash, taxable income, and tax deductible expenses. Customers schedule an appointment to have a bookkeeper review their transactions, and  multiple schedules are available to choose from. You...