Category: Bookkeeping

Generally speaking, this means that your income is divided into portions called tax brackets, and each portion is taxed at a specific tax rate. High earners pay more in taxes, as portions of their income are subject to higher tax rates. Typically, you don’t need to manually calculate your withholding tax. The IRS has taken […]

Read More

It involves using software with specialized features to reduce human error and create more efficiencies throughout the AP workflow. The procurement team plays an integral part in many businesses, managing the purchase of goods and services from vendors. Receivables represent funds owed to the firm for services rendered and are booked as an asset. Accounts […]

Read More