Bookkeeping

Taxable gifts made by the decedent as a New York resident within three years prior to death are included as part of the estate. The number of dependents reported on New Yorkers’ tax returns markedly declined over the past 6 years. New York has a progressive income tax system, like the federal government, with income […]

As the company loses ownership of its liquid assets in the form of cash dividends, it reduces the company’s asset value on the balance sheet, thereby impacting RE. Dividends can attract investors, reward shareholders, and provide a regular income stream. They can also signal confidence in the company’s profitability and stability, enhancing the company’s balanced […]

As a result, companies can test new markets quickly while investing the money they would use for entity establishment into other areas of their business. A domestic or global independent contractor, also often called a contract employee, is a self-employed individual who provides goods, labor, or services to a business or organization. An independent contractor […]

Inventory management deals with receiving, tracking and storing the products you hold, plus provides data for informed purchasing. By following these 15 strategies for successful inventory management, businesses can successfully meet customer demands and stay competitive in 2023. Make sure to integrate your inventory management software with other systems, such as your accounting or customer […]

But Merritt Bookkeeping’s most stand-out feature might be its in-depth financial reports. Most other virtual bookkeeping services give you basic financial reports only, like income statements and balance sheets. In contrast, Merritt gives you more detailed reports like forecasting and quarterly comparisons. There are many factors to consider, such as if they can handle the […]

Industry and business leaders, universities, labor organizations, and community groups have all participated. In 2023, there were 3,554 stand-downs reaching more than 463,000 workers. The National Campaign to Prevent Falls in Construction (Falls Campaign) began in 2012 and was followed in 2014 by the National Safety Stand-Down to Prevent Falls in Construction (Stand-Down). When asked, […]