For a discussion of business/investment use, see Partial business or investment use under Property Used in Your Business or Income-Producing Activity in chapter 1. Reduce that amount by any credits and deductions allocable to the property. The following are examples of some credits and deductions that reduce basis. On April 15, 2022, you bought and [...]

Rather than chasing after unpaid invoices or manually cutting checks, you can offload these processes and streamline your operations. It’s challenging to find and retain staff with knowledge and expertise in all areas of your accounting and finance function. It’s also hard enough to juggle the responsibilities of running a business and managing staff. Accounting [...]

Nonetheless, they do take up a lot of space and cannot be tucked away during the summer months like portable air conditioners. They can come built-in in older buildings but, honestly, no decent architect with incorporate them in his designs in the 21st century. They are perfect for people who live in older buildings that [...]

Additional consumer protection laws include the Telephone Consumer Protection Act (TCPA) and the Consumer Financial Protection Act (CFPA). Lemberg Law is a consumer law firm helping victims of collection harassment and abuse. We’ve helped more than 15,000 consumers stop harassment and recover money from debt collectors. Without real-time access to centralized data, customer-facing teams such [...]

By outsourcing accounts receivable and payable, you can ensure that an experienced accountant handles your cash flow. And if you don’t have an in-house accounting professional with the required skills, you can hire an offshore accounting service. Offshore accounting firms such as those in India work under strict measures in a controlled environment to protect their client’s data. [...]