The answer to this question is more complicated than it sounds. Accounting Today, a leading information resources used by accountants, published an article on April 28, 2022, that stated “About 70% of Americans — or those earning less than $73,000 in 2021 — are...
In order to manage your finances and to protect your business, understanding cash flow is essential. Cash flow is the money that comes into your business and the money that goes out. There are two methods to calculate your businesses cash flow: direct and indirect. If...
Cryptocurrency: The New King of Cash Since 1985, Sec. 6050I of the Internal Revenue Code (IRC) mandates an information return for persons who receive more than $10,000 in cash in a transaction or a series of two or more related transactions, in their trade or...
