View how much tax you may pay in other states based on the filing status and state entered above. It is an indirect sales tax applied to certain goods and services at multiple instances in a supply chain. Taxations across multiple countries that impose either a...
In general, a higher gross margin is better, so a company should strive to have a gross margin that’s similar to or higher than its peers and industry average. Additionally, reducing marketing and advertising expenses without compromising product or service...
If you built all or part of your home yourself, your basis is the total amount it cost you to build it. You can’t include in basis the real estate taxes value of your own labor or any other labor for which you didn’t pay. How you figure your basis depends...
Transitioning to the perpetual system, inventory records are updated continuously with each sale or purchase. This system provides real-time data on inventory levels and cost of goods sold, making it easier for businesses to make informed decisions about purchasing...
Thus, the use of debits and credits in a two-column transaction recording format is the most essential of all controls over accounting accuracy. Obviously, if you don’t know a transaction occurred, you can’t record one. Using our vehicle example above, you must...
The Review Board comprises a panel of financial experts whose objective is to ensure that our content is always objective and balanced. Here are the most popular options—including one you should definitely avoid. Upgrading to a paid membership gives you access to our...
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Professional Connector
Professional Connector, a vision of Piedmont Avenue Consulting, Inc. collaborates with various companies, venues, spirit vendors, and business experts to bring together both attendees and sponsors in highly valuable events. Our events include business and social mixers, networking, tasting, workshops and more. This is an opportunity to grow your network and promote your company. We are currently hosting a growing number of 50 events each year!