Generally accepted accounting principles (GAAP) form a combination of standards set by the Financial Accounting Standards Board that govern,...
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An IRS audit reviews and examines an organization’s or individual’s accounts and financial information to ensure it’s reported correctly...
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Per the Internal Revenue Service (IRS), fringe benefits are taxable and must be counted in the recipient’s gross wages,...
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An S corporation is a “pass-through” entity — profits and losses from the corporation are reported on the tax...
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Are there business deductions you can take advantage of? Yes, but first you have to make sure your expenses...
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