Accounting and Tax Guide (Page 9)

7 major Provocations While Filing GSTR-9: Know the Whole Process Here

GSTR-9 signifies Goods and Services Tax Return filing that a registered taxpayer has to submit every year, irrespective of their annual turnover. It primarily consists of information on taxes paid; Input Tax Credit earned and availed, details of inward and outward supplies, claimed refunds and demands as per the GSTR 9 format. GST Returns – 9 carries all the income and expenditure details for that particular financial year, combining returns like... ❯❯❯

5 Things You Didn't Know your Business Needed

Starting your own business is a lifelong dream for many. It is not that great of a challenge in starting out as an entrepreneur. The biggest issue is how to sustain your small business venture. Well, it is known that a chain is no stronger than its weakest link. This translates into, the minor details that the owner of a business fails to notice or even ignore are the ones that affect the business negatively in a massive way. Why ignore such things yet... ❯❯❯

Credit Card Financing - Alternative Financial Support For Omaha’s Foodservice Industry

Omaha is a city located near the Iowa border. Founded in 1854, it is part of the Nebraska state in the U.S and home to Fortune 500 companies such as Con-Agra Foods, Mutual of Omaha, and Union Pacific Corporation. Over the years, Omaha has exhibited tremendous progress in attracting investors that would eventually help develop its banking, insurance, and investment sectors. Banks continued to grow while Omaha credit card owners from both the wealthy and... ❯❯❯

Should I go to study ACCA or get a simple accounting degree?

Owing to the ever-expanding global economy, there is a high demand for accountants and a large number of students are hoping to make a successful career in accounting. Accounting certifications include ACCA, AAT, CIMA, CA, out of which ACCA is considered the most prestigious certification. If you are also planning to pursue a career in the field of accounting, but confused between ACCA and a simple accounting degree, this article is useful for you. ... ❯❯❯

What Medical Professionals Need to Know About Income Protection Insurance

If you are a professional engaged in the health industry, it is a must to get an insurance policy in case you cannot work due to reasons like sickness or accidents. For that reason, insurance policies such as Doctors Income Protection are vital to have financial peace of mind in times of need. For those in the medical field, this insurance is more critical because they are most likely to be exposed to bacteria, germs, and other hazardous elements. ... ❯❯❯

How the Bankruptcy Process Works

The prospect of filing for bankruptcy can seem overwhelming. The reality is that bankruptcy filings are far more common than most people assume. In fact, from 2005 to 2017, nearly 13 million Americans filed consumer bankruptcy petitions in the federal courts. Several types of bankruptcy exist to help debtors find relief. The various chapters in the Bankruptcy Code are tailored to fit the full range of situations that consumers and businesses encounter. A... ❯❯❯

Benefits and Drawbacks of Outsourcing Accounting Services

Proper accounting is an essential component of every well-run business. Accounting can be a complicated process, depending on the nature of your business. Taking care of your accounting can be too burdensome, and seeking professional help for the same is usually the best course. To hire an in-house accountant or to outsource your work to an independent accountant is a choice that needs deliberation. Take a look at the factors that should be considered... ❯❯❯

How to Find a Financial Advisor

Some things in life are too scary to confront. Debt is one of them. For instance, they let the interest payment on their credit cards continue to accumulate because they insist on paying the minimum amount. Waiting for the monthly bills has become a stressful endeavor. So, they leave the envelope unopened. However, you have to face the music sometime. Your problems would not go out on their own. One solution is to get the services of a financial... ❯❯❯

Reasons to Work with a Life Insurance Agent

In today’s day and age, we all want to do what is best for ourselves and for our family, which is why as early as we could, we try to plan out our future, especially in terms of finances. When it comes to handling money and making sure that you are ready for anything in the future, having insurance is essential. Today, a lot of strategies and techniques like bank on yourself exists to help you better grow your insurance. However, with the current health... ❯❯❯

Truck Factoring: How It Can Help Your Business Grow

Businesses are well aware that if they want to grow, they have to outsource certain operational aspects. From hiring tipper trucks or renting delivery vehicles, most of the steps in transporting support services and end products are getting monitored and outsourced. Due to this, more opportunities are given to operators of trucking companies. The issue now is not on the availability of customers, but on the cash flow of trucking companies to support... ❯❯❯

What You Need to Know About Credit Card Consolidation

According to the results of a survey commissioned by NerdWallet, the average household in the United States has a revolving credit card debt balance of around $6,849, which amounts to an average of over $1,100 in yearly interest. The study also revealed that 10% of Americans with credit card debt need more than a decade to settle them, and 9% believed that they would not be able to pay them at all. If you are among the many Americans described above who... ❯❯❯

3 Essential Resume Hacks Every Accountant Should Know

When a candidate applies for a job, what do you think is the average amount of time a recruiter takes to review their resume? Would you believe it’s just 7.4 seconds? And that’s improved 23% since 2012! That doesn’t give you much time to make an impression, so you better make sure it’s a good one. Here are three essential tips for making sure your resume stands out when you apply for that next accounting job. Make It Relevant If you’re using the same... ❯❯❯

A Beginners Guide to Trucking Fuel Cards

The American Transportation Research Institute reported that trucking businesses spent almost $2 per mile and an average of approximately $84 an hour during operation. It is no wonder that many trucking firms go out of business if their services are not properly run and maintained, considering these narrow margins. Fortunately, the trucking fuel cards program emerges within the industry. Regardless of what types of trucking business you have, be it a... ❯❯❯

Why Should You Hire A CPA For Your Personal Taxes?

Most people assume that hiring a CPA (Certified Public Accountant) is only done for corporations or business taxes. Well, you also need to hire one for your personal taxes, and here are some of the reasons why you need to do so. Plan For Your Retirement CPAs can also help you plan for your retirement. Yes, you might have a few ideas on how to achieve a comfortable retirement but don’t know the right financial steps to take. Well, a CPA will help... ❯❯❯

Tips to Make Money as an Airbnb Host

Airbnb is an avenue wherein people can rent out homes, apartments, or rooms for travelers in need of a place to stay. The company has revolutionized traveling as it offers vacationers with a more comfortable and affordable lodging option that hotels cannot provide. It also presents an opportunity for many individuals to earn additional income by being an Airbnb host. If you are thinking about how to make money with airbnb, you will be pleased to know... ❯❯❯

The History and the Future of Gold

The first people to use gold were from an ancient civilization in Western Turkey. Since then, gold has played an essential role in achieving wealth domination and elevating religious practices. Egyptians around 3000 BC have been using gold as a mode of payment. The earliest known currency was a piece of gold coin that was equivalent to two coins and a half silver coin. The ancient Egyptians used gold for funerary practices and rituals as well, and as... ❯❯❯

6 Tips for Getting a Small Business Loan

Getting a small business loan used to be relatively easy, but this is no longer the case. With the current weak state of the economy, loans of all types are now more challenging to acquire. If you want one of these coveted loans, you need to be well informed and then use that information wisely to improve your odds. If you're willing to do things in the most advantageous way, your odds of success will go up dramatically. Use these 6 tips to your best... ❯❯❯

Why Environmental Consultation Matters in Businesses

Environment plays a crucial role in business operations. Organizations heavily rely on the environment to continuously create and maintain resources. Hence, environmental consultations exist so that companies can easily streamline processes to conserve the ecosystem. The revenue of the Global Environmental Consulting Services Market grows to more than 3.4% from 32.1b USD in 2017. The data proves that there is a growing need for environmental consultation... ❯❯❯

How Can Nonprofit Payment Processing Benefit Organizations?

Nonprofit payment system operates for the common good and not for generating individual wealth. The profit it earns should mainly be used for the core mission of a specific organization and not towards any particular benefits. The payment processing for nonprofits may seem confusing, and many people are not aware of the backend processes. There are a lot of online options provided, including round the clock access. This also gives choices to donors and... ❯❯❯

Is Asset Based Lending for Your Business?

All businesses need capital in some form. If you want to earn money, you need to spend on inventory, advertising, marketing, employees, machinery, and the list goes on. Ultimately, the right blend of assets and proper management can lead to a very profitable business. The problem is, it’s not all the time that we have the cash to invest. What to do then? Worry not. An asset based lending loan might be the solution for you. Why Do You Need a Loan? Why... ❯❯❯