An S corporation, no matter how small, must account for business transactions throughout the year. This is necessary to comply with federal and state tax reporting requirements at the end of the year.

With tax season just around the corner—the IRS has announced that filing season will open on Monday, Jan. 29, 2024—many taxpayers are scrambling to get their records together and bracing to find out ...

Bookkeeping is the recording of financial transactions. The purpose of bookkeeping is to create a record of financial transactions that can be summarized for various uses. Bookkeeping systems range ...

Let’s face it: Bookkeeping is not one of the joys of life. To make matters worse, traditional bookkeeping software, such as QuickBooks, can seem absurdly complex, especially for entrepreneurs and ...

Tax season catches the general public’s eye, and the future of auditing is very much a high-profile issue these days, but the third pillar of traditional accounting practices, bookkeeping, is facing ...

EDWARDS – A three-hour workshop on business bookkeeping will be held 9 a.m. to noon, Tuesday at the Colorado Mountain College campus in Edwards. The workshop is designed for business people with no ...

Personal computers revolutionized a lot of things, including the way that bookkeeping and accounting is performed. Before the Apple //, TRS-80, and IBM PC, bookkeeping was a manual process, and ...