The words Profit and Income can confuse some people as they may think these two words mean the same thing, but they don't. Profit refers...

Chart of Accounts - What is it? What does it do? Why do I need it? How do I make it? The Chart of Accounts - What Is It? The Chart of...

Since we are headed into the 4th Quarter for 2022, you might be wondering if the IRS has changed the rules regarding the tax deduction...

Cash flow is the total amount of money that comes in and out of a business. It is a key indicator of the financial health of your...