What Is Accounts Receivable? Complete Guide
Understand accounts receivable, journal entries, aging reports, allowance for doubtful accounts, DSO, and ways to improve customer collections.
Freelancers in Accounting Firms: Hiring Guide
A practical guide to hiring freelancers in accounting firms, including suitable tasks, worker classification, data security, onboarding, and quality control.
Year-Over-Year Growth: Formula and Examples
Calculate year-over-year growth correctly with a simple formula, worked examples, spreadsheet tips, and guidance for zero or negative base values.
Retained Earnings: Formula, Examples and Meaning
Learn what retained earnings mean, how to calculate them, where they appear, and how to interpret positive or negative balances
IRS Phone Numbers: Reach the Right Department
The main IRS individual taxpayer phone number is 800-829-1040, generally open Monday through Friday from 7 a.m. to 7 p.m.
IRS Form 945: Annual Nonpayroll Withholding Guide
IRS Form 945 is the annual return used to report federal income tax withheld from nonpayroll payments, including backup withholding
IRS Form 990-N: Nonprofit e-Postcard Filing Guide
IRS Form 990-N is the annual electronic notice—often called the e-Postcard—generally available to small tax-exempt organizations whose gross receipts are
IRS Extension Forms: 4868, 7004 and Other Filers
The correct IRS extension form depends on the return: individuals generally use Form 4868, businesses often use Form 7004, exempt
IRS Form 5329: Retirement Account Additional Taxes
IRS Form 5329 reports additional taxes involving IRAs, qualified retirement plans, Coverdell ESAs, ABLE accounts, qualified tuition programs, Archer MSAs,
IRS Form 1065: Partnership Return Filing Guide
IRS Form 1065 is the annual information return a domestic partnership generally files to report income, deductions, gains, losses, credits,