May 2021

What is Unearned Income Vs Earned Income

What is Unearned Income and Earned Income?

It is confusing for most of us, to earned income vs. unearned income. Do these two have any differences? Yes, a clear one. As we shed more light on the difference and similarities between this unearned revenue and earned revenue, this text also reveals quick tips on how you can maximize your revenue on both …

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why was no federal income tax withholding from my paycheck

Why was no federal income tax withholding from my paycheck?

It is always rare to meet these instances, federal not withholding paycheck for the income tax. However, the fact remains that it is still possible. Hence, the question, of why there was no federal income tax withholding from my paycheck in 2020 is quite common at times. Should you celebrate or do something different about …

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qbo test drive or Quickbooks Online Test Drive

Quickbooks Online Test Drive For Beginners

Quickbooks Online Test Drive QuickBooks Online is one of small businesses and entrepreneurs’ most popular accounting software solutions. With its user-friendly interface, robust features, and accessible cloud-based access, it makes managing your finances more effortless than ever.  Are you a business owner or going to start a bookkeeping practice? If you are new to QuickBooks …

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how to calculate income tax expense

How to Minimize Your Income Tax Expense on Income Statement?

According to the state tax laws, income tax expense on an income statement refers to a tax type levied on individuals and businesses by the government. These deductions occur monthly on the income earned by these individuals, organizations, or businesses. The exact amount is attainable using an income tax expense formula. At the end of …

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Regional income tax agency Ohio

How to File Tax with Regional Income Tax Agency?

RITA, typically known as Regional income tax agency Ohio is currently summarizing its tax collection procedures for various municipals. Initially, the 2020 tax collection deadline was to be on April 15, 2021; however, there was a push to a new date, May 17, 2021. The primary reason behind this is the ongoing coronavirus pandemic which …

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PA Income Tax Filing Extension; How to File your Returns before May 17, 2021

Have you filed your pa income tax yet? The deadline is here! May 17, 2021. This time, the PA department of revenue extended the deadline from the usual April 15. Mainly the extension was to allow Pennsylvania enough time to navigate the coronavirus pandemic’s misfortunes while filing their returns. Speaking in a press release, in …

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Why QuickBooks POS Best Business Finance Management Tool

Why QuickBooks POS Best Business Finance Management Tool?

Experience the new QuickBooks POS system from Intuit! Are you running a retail business online? Well, here is the best tool you need for easy pay easy cash management procedures. The QuickBooks pos system now adds more effectiveness to your software, making it the most convenient finance management tool you’ve always wanted. In all instances, …

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5 minute bookkeeping

Online Bookkeeping Services – How it works

Abdul Ghaffar (AG) is a reputable online bookkeeping service agency for all business types. We are an ideal solution when it comes to inflicting quick growth into your enterprise. Our services are exceptional in the sense that it is real humans that handle your orders. We use powerful financial reporting software to record and analyze …

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