Mês: julho 2021

We handle the hard part of finding the right tax professional by matching you with a Pro who has the right experience to meet your unique needs and will handle filing taxes for you. Now that we have a beginning value and DDB rate, we can fill up the 2022 depreciation expense column. This formula …

The Double Declining Balance Depreciation Method Leia mais »

Adjust net income for changes in liabilities such as accounts payable, expenses, and debt. Paying off liabilities decreases cash flow; while taking on more liabilities can increase or maintain cash flow. On the other side of the coin, we have the indirect cash flow method. Here we provide some best practices around implementing each cash flow method …

The difference between the direct and indirect cash flow methods Leia mais »