What Is a Write-Off? Definition and Examples for Small Businesses This practice is known as “writing off a loss.” It applies to when you have assets destroyed or give up on collecting money someone owes you. For example, if your business owns a car worth $10,000 and it gets destroyed, you might write that vehicle […]

What is the difference between a financial asset and a real asset? For risk-averse investors, financial assets such as government bonds, blue-chip stocks, or mutual funds generally align better with their comfort level, offering lower volatility and easier valuation. In the context of alternative investments, income generation potential varies significantly between real assets and financial […]

Annuities are complex products—so much so that only 19% of Americans can define them correctly. As a result, a trusted financial advisor can be invaluable when comparing your options. The truth is that some annuities can grow just as competitively as a regularly managed portfolio. Annuities carry several costs, such as initial premiums, ongoing administrative […]

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That’s a start, but those spreadsheets are often prone to errors and swearing-out-of-frustration. Our easy-to-use software has been known to streamline and automate your way of recording your business transactions as smoothly as that new choreography you’re trying to master. Being organized is key to ensuring that nothing is being missed and you are handling […]

IP 936 1 A Guide to Calculating Your Annualized Estimated Income Tax Installments and Worksheet CT104 The Center on Budget & Policy Priorities and the CASH Campaign of Maryland are not liable for how you use this information. TurboTax Premium searches 500 tax deductions to get you every dollar you deserve. For corporations, payments must […]

Login & Security PayPal NA A company’s net income from the start of the current accounting year until a specified date. For example, the year-to-date net income at May 31, 2025 for a calendar year company is the net income from January 1, 2025 until May 31, 2025. For a company with a fiscal year […]

Join ACCA Learning Community ACCA Forums Five years ago I switched my firm to a new practice management system. We spent a year of work researching, planning and training a team of 40 for the change, and in three months I realized we’d chosen the wrong system. Additionally, maintaining accurate and up-to-date records ensures adherence […]

ExpensePlus A church accountant must be careful when keeping records on restricted and unrestricted funds. If you remember, church accounting restricted funds are funds designated to specific needs. Transparency is especially important in church environments where organizations count on their members’ support. Accurate accounting will back a straightforward system that promotes trust and a sense […]

Schizoaffective disorder Symptoms and causes Very rarely, statins can cause life-threatening muscle damage called rhabdomyolysis (rab-doe-my-OL-ih-sis). Rhabdomyolysis can cause extreme muscle pain, liver damage, kidney failure, and death. The risk of very serious side effects is extremely low. Only a few cases of rhabdomyolysis occur per million people taking statins. Other possible but rare causes […]