Entries by admin001

New Tax Cuts

As of January 1, 2018, the Tax Cuts and Jobs Acts offers a 20% deduction for qualified business income pass-through entities. The owner of a sole proprietorship, S-Corporation, or partnership is entitled to take a deduction equal to 20% of the “qualified business income” earned from the business. Qualified business income is the non-investment income […]

Accounting and Operations

Setting up a small or medium enterprise involves multiple challenges. One such challenge right at the beginning is setting up sound and reliable accounting and operating procedures. Accounting and operating procedures are the fundamental functions and the key cores of any business. Business decisions rely heavily upon the financial information at all stages from planning […]