Types of Businesses That Need Bookkeeping the Most: Essential Sectors Unveiled

To help manage your business finances, we’ll explain accounting types, tasks, and frequently asked questions. The three types of accounting methods are cash-basis accounting, accrual accounting and modified cash-basis accounting. Nevertheless, businesses looking to combine the two methods can opt for modified cash-basis accounting. This allows them to view short-term cash transactions and long-term financial […]

How to Calculate the After-Tax Interest Rate on a Mortgage

And if they divide that after-tax interest amount by the outstanding balance on their mortgage, they’ll arrive at their after-tax interest rate. Say you start with $100,000 and earn a 5% after-tax nominal return over the course of a year. At the end of the year, your portfolio will be worth $105,000 after taxes. Now assume […]

Best Bookkeepers in Sacramento California Bookkeeping Services

For small businesses, your needs extend far beyond tax season so we work with you year-round to manage your finances and your tax obligations. From practical accounting solutions and bookkeeping to diligent tax planning and financial advice, you can count on us for consistent support. We’ll provide the data you need to track expenses and […]