Accounting

A balance sheet may be defined as “a statement prepared with a view to measure the exact financial position of a business on a certain date. “It is prepared from the trial balance after all the balances of nominal accounts are transferred to trading and profit and loss account and […]

Introduction Information technology has influenced all walks of our lives over the last few decades in a tremendous manner with the Tourism and Travel sector being one of the chief beneficiaries. The introduction of computers can be traced back to the early 60’s when the vacuum tube was the primary […]

Back in the ’80s and ’90s, going lean (also known as cutting the fat, downsizing, rightsizing, getting competitive and any number of other pathetic euphemisms) meant getting rid of that which companies claim are their most important resource: people. However, today, for small and medium sized business (SMB) manufacturers, going […]

Because so much is riding on your resume writing such as your career, future, and income, you need all the power you can get into your statements. Often one statement on a resume cannot sufficiently depict or cover your skill, experience, or knowledge. A project, task, or accomplishment is often […]

Are you behind in the game when it comes to winning tax season? This tax season, you will be on to all the challenges be it managing or filing your taxes that too on time. From maintaining all the documents and to avoid piling of your tax documents, you will […]

Business owners must have some type of insurance. Most states require any company with employees to buy workers compensation and unemployment insurance. Requirements can also vary by industry. For instance, a real estate agent with a car will likely need to pay for commercial car insurance. If you are running […]

For those of you not familiar with the 2005 Tax Reduction Act, some of the provisions address specific transfers by seniors under the new Medicaid nursing home provisions. Under the new provisions, before seniors qualify for Medicare assistance into a nursing home, they must spend-down their assets. These new restriction […]

For some time now, I have been closely observing the performance of cryptocurrencies to get a feel of where the market is headed. The routine my elementary school teacher taught me-where you wake up, pray, brush your teeth and take your breakfast has shifted a little to waking up, praying […]