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Plus, get payments and tax resource support, product support, extended hours, and more included with Priority and Expert Assisted. They’ll guide you through onboarding and train you on features, all with extended hours and priority access. Schedule today and we’ll do one prior month of your bookkeeping and prepare a set of financial statements for …

Bookkeeping for Small Business Bookkeepers Manhattan, Queens CPA Miller & Company LLP Read More »

Other comprehensive income is a pivotal component of financial reporting that extends beyond the traditional net income figure. It encompasses gains and losses that, although significant, do not find their way onto the income statement. Instead, these items are presented separately in financial statements, offering a more comprehensive view of a company’s financial health. First, …

What is Accumulated Other Comprehensive Income AOCI? Read More »

This category includes office supplies like computers, pens, and paper; cleaning services for your office space; and other miscellaneous office expenses. Website hosting and domain payments may fall into this category as well. It is important to understand the difference between “cost” and “expense” since they each have a distinct meaning in accounting. Cost is …

35 Essential Business Expense Categories Read More »