Category: Bookkeeping
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Accounting Equation Assets = Liabilities + Equity
Accounts receivable list the amounts of money owed to the company by its customers for the sale of its products. This arrangement can be ideal for sole proprietorships (usually unincorporated businesses owned by one person) in which there is no legal distinction between the owner and the business. For example, John Smith may own a landscaping…
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Small Business Accounting 101 a 10-Step Guide for Financial Success
A skilled CPA will save you time by communicating your company’s financial state to you in clear language, while anticipating your financial needs. As your business grows, it can be difficult accounting services for startups to keep track of all your tax information reporting obligations. What’s more, if there are mistakes in your financial reports,…
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For the Public
When it comes to standing before the IRS, a standard accountant does not have a standing with the IRS or the Internal Revenue Service. On the other hand, CPAs are allowed to represent a taxpayer before the IRS. As fiduciaries, CPAs are obligated and empowered to act on behalf of and in the best interest…
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Navigator Consulting Group Inc
At Genesa CPA, we are committed to staying up-to-date with the latest tax laws and regulations set by the Canada Revenue Agency (CRA). This allows us to provide our clients with the most effective tax solutions. Whether you need help with personal or business taxes, our team of tax consultants is here to help you…