Generally, you must withhold and deposit income taxes, social security taxes and Medicare taxes from the wages paid to an employee. Additionally, you must also pay the matching employer portion of social security and Medicare taxes as well as pay unemployment tax on wages paid to an employee. Generally, you do not have to withhold … Read more
Self-employed individuals may run into challenges when it comes to providing proof of income. Most employees receive a regular paycheck and paystub that they can use as proof of income. However, self-employed individuals often have a variety of income sources and business expenses, which can impact their proof of self-employment. Common expenses include a laptop, … Read more
Whether it is a felony or not depends on the law of the state where payroll fraud is committed. However, the more money a fraudster steams from the company, the harsher the legal consequences. This type of payroll fraud occurs when nonexistent employees are added to the payroll and another employee benefits by receiving their … Read more
Urine dipstick only detects acetoacetate and acetone, not the ketone beta-hydroxybutyrate. Urobilinogen may typically be present, but it is absent in conjugated hyperbilirubinemia and increased in the presence of prehepatic jaundice and hemolysis. Some bacteria, for example, Enterobacteriaceae, convert nitrates to nitrites. va loan benefits for veterans and military The renal tubules play a vital … Read more
You can hire a freelance accountant to work on a wide range of financial documents for various clients. I’m looking for an experienced Tally expert with proficiency in 9 to assist me with a one-time project. As this is a one-time project, I am not looking for any long-term commitments. They can also keep you … Read more
Your business’s net income is the metric that will tell you how much you earned in a particular period (year, month, or quarter). An income statement of your financial statement will provide you with an insight into Top 5 Best Software for Law Firm Accounting and Bookkeeping your operating income and net income. Since Aaron’s … Read more
The whole value of a full tank of gas, for instance, is likely to be used up quickly if the company goes to fill up the new fleet vehicle. The car’s worth will likely remain the same the next year, but the petrol tank will be long gone. The capital expenditures of a firm are … Read more
In simpler terms, it represents how many times the company can pay its obligations using its earnings. The interest paid on the debt financing is tax deductible expense, and the debt is often backed by collateral which makes it a less risky financing option. However, collateral is not the only predetermining factor for finance facility … Read more