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BookkeepingBookkeeping Essentials For Construction Companies

Bookkeeping Essentials For Construction Companies

He is an expert in resource and process optimization resulting in greater operational efficiencies. According to the Construction Financial Management Association, pre-tax net profits for contractors and subcontractors are typically between 1.4% and 3.5%. This is why the holding-through-practice fixation on contracts is usually worse than useless. By subscribing you agree to with our Privacy …

BookkeepingCharitable contributions: Written acknowledgments Internal Revenue Service

Charitable contributions: Written acknowledgments Internal Revenue Service

The Pro Accountants deliver exceptional accounting and taxation services designed to tackle and resolve your most pressing business challenges. Yes, for charitable donations of $250 or more, the IRS requires a written acknowledgment from the charity. For smaller donations, a bank record or a written communication from the charity is sufficient. The acknowledgment should include …

BookkeepingWhat Are General and Administrative Expenses?

What Are General and Administrative Expenses?

More commonly, the two are lumped into one row on your financial statements. General and administrative (G&A) expenses are incurred in the day-to-day operations of a business and may not be directly tied to a specific function or department within the company. Semi-variable expenses, on the other hand, are regularly occuring operating expenses that remain …

BookkeepingBest Outsource CPA Services for Startups: Top Expert Advice

Best Outsource CPA Services for Startups: Top Expert Advice

Accounting and bookkeeping services for startups typically cost $500 to $5,000 per month, depending on your business size, transaction volume, and the level of service needed. The firms we talked about here are some of the best around, and they can help you manage your business’s finances. So explore their services and pick the outsourced …