Category Bookkeeping

Paul Miller CPA, bookkeepers in new york expert accountant in NYC and Queens leads the industry in customized, personal accounting services. Accountants in NYC delivering world class consulting, compliance and tax services. The accounting team focuses solely on your financial…

In addition to the business income limit for your section 179 deduction, you may have a taxable income limit for some other deduction. You may have to figure the limit for this other deduction taking into account the section 179…

One of the primary elements in managing purchase commitments is recognizing them in the financial statements. According to accounting standards, companies must disclose significant purchase commitments in the notes to their financial statements. This disclosure provides insight into future cash…

Mixing these categories up can throw off your financial picture and your tax reporting. Sort through your income and expenses in your chart of accounts so you can clearly see what your business earned, spent, borrowed, or invested during the…

Mixing these categories up can throw off your financial picture and your tax reporting. Sort through your income and expenses in your chart of accounts so you can clearly see what your business earned, spent, borrowed, or invested during the…

It usually reports to the Chief Operating Officer (CEO) and is responsible for handling the day-to-day operation and execution of business strategy. A COO, however, has a broader scope, overseeing the entire company’s operations. COOs and other chief executives work…

This is true under IFRS as well, however, IFRS also requires certain R&D expenditures to be capitalized (e.g. some internal costs like prototyping). A focus on principles may be more attractive to some as it captures the essence of a…

For the past 52 years, Harold Averkamp (CPA, MBA) hasworked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. For the past 52 years, Harold Averkamp (CPA, MBA) has worked as an accounting supervisor, manager,…

Katie of KP Accounting went above and beyond to make our filing of 2019 taxes stress-free. She helped make sure we did the best possible with self employment, education credits, and some other out-of-the-ordinary tax situations we had. Embarking on…