Impact of Digital Currency on Businesses’ Accounting

December 1, 2023 | 0 views

The emergence of digital currency is reshaping how businesses operate and account for financial transactions. As accounting professionals navigate this transformative wave, understanding the profound impact of digital currency on business accounting becomes not just relevant but imperative.What is digital...

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Updated IRS 2024 Penalties for Late Filing and Missed Tax Forms

December 1, 2023 | 0 views

Every year, the IRS announces annual inflation adjustments related to tax rate schedules, deductions, cost-of-living adjustments, etc. What many taxpayers do not realize is that they also adjust the cost of fines and penalties as well. This means that the...

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Expanding Benefits for Veterans and Extending Government Funding Until Jan. 19, 2024

December 1, 2023 | 0 views

A bill to amend Title 38, United States Code, to extend and modify certain authorities and requirements relating to the Department of Veterans Affairs, and for other purposes. (S 2795) – This bill was introduced on Sept. 13 by Sen....

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New Business Travel Per Diem Rates Announced for 2023-2024

November 1, 2023 | 0 views

New per diem rates were recently announced by the IRS and are effective for per diem allowances on or after Oct. 1, 2023. These updated rates include changes for the transportation industry, incidental expenses as well as the high-low substantiation...

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Two Ways to Measure Revenue Per User

November 1, 2023 | 0 views

When it comes to measuring revenue, it’s essential that businesses analyze it from a variety of perspectives. While there's revenue and net income on an income statement to show a company's quarterly financials, another way to measure it is through...

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