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The IRS has just extended the tax filing deadline to November 16, 2023, for most California counties. This article covers which types of taxes are impacted and how to take advantage of this extension.
Who and who cannot file for a child
Received 3 seperate checks for a lawsuit against my previous employer for back wages for overtimre. 1 was for ot wages...1 was a settlement check and 1
I have salaried employee with 4 lakhs taxable income. I have completed paid my income tax through company TDS. Nothing is pending to pay tax. I have profit
I want to buy a Audi A4 which cost 30 lakh rupees. Is it ok if I give them a cheaque of 30lakhs and pick the car? I have cash saved up
I am trying to prepare my 1099's in Quickbooks and I need to include the value of the prizes/awards that my vendors received. Should I use a journal
I'm an indian working in india. I'm earning about 90000 rs by giving advice to people where to invest in shares and comodities, my fee is below 20000 rs
Can you claim HST on mileage expense
If a company has several partners, and 1 of the smaller shareholders is running the company (other partners not involved other than contributing money),
How would I enter a $5,000.00 certified cheque which was given as a bid deposit with a tender which our company submitted
Dear sir I want to know that If a person is residing in her own house and showing the office that she is paying rent to his father in law. In that case
Hi there, I am currently studying towards bookkeeping at the basic level. I was wondering what steps the bookkeeper should take if there is a discrepancy
How to compare expenses paid to others yearly to see how much we spend. Example: How much we paid out each year? How to track
How do I record advanced expenses paid for a partner. For example, 1/2 of the rent. The rent expense is entered as a bill and paid but how do I accrue
Our small museum wants to do admission by donation as the bookkeeper I feel that this concept is not a good idea is it feasible? We have always charged
My client collected raffle money during her event for a boat that was donated. Her event also made a contribution, which booked as expense. How do I
SECTION B ANSWER THE QUESTION IN THIS SECTION (THIS SECTION CARRIES 15 MARKS) QUESTION: The following are the transactions of Wong Ah Meng for the
GST Bookkeeping Questions - Learn about GST (Goods and Services Tax), a value-added tax imposed on the supply of goods and services in many countries.
A C Corportion receives a gift of real property. The journal entry would be to debit fixed assets. Would the credit be to revenue or to equity?
Can someone help me with the appropriate entries for a gift of stock where the gift is valued to the donor on the day of the gift but the stock is sold
We have a monthly special this month that we are offering to our customers. They get $X.xx off their total invoiced amount (after a certain dollar amount
What is the best way to record samples of our inventory that we give away to customers? I've been told I can put this under promotions but I need to keep
When a charitable organization received a Gifts in Kind such as office supplies etc., how is it entered. Do you benefit from the GST on such receipts
We are an S-corp. Have an employee buying 5% for 100K. We will loan the money. In addition we are gifting the employee $25,000 and will loan the balance
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Our Questions and Answers Page is a valuable resource where you can find answers to common bookkeeping queries and seek guidance on specific challenges you may be facing. It serves as a platform for you to interact with our knowledgeable community and tap into a collective pool of expertise.
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