Historically, revenue recognition has been a permanently inconsistent process across companies and industries. However, ASC 606: Revenue From Contracts With Customers has changed that.
When it comes to taxes, April 15, 2019 marks the end of the year, and one that brings many changes with the new Tax Cuts and Jobs Act that has significantly altered the U.S. tax code. If you have yet…
What is an audit? For businesses big and small, an audit can be more of a maintenance check than a negative situation. Audits examine your business’ financial records to ensure they are accurate. Through a systematic review of your transactions,…
Whenever you pay for a bus ticket online through PayPal, Google Wallet or even just your credit card, you’re using FinTech. Every time you make an online transaction through your bank of choice smartphone app, you’re also using FinTech. What…
Everyone can make mistakes, but when it comes to improperly filing taxes, the following mistakes could end up costing you some serious money. Although the U.S. tax code holds a lot of information most taxpayers don’t know enough of, the…