Posts By Aditi Tyagi

Cloud or not to cloud – the big question has been pertaining to the various business streams for a while now. While most industries have got the answer in support of cloud, others, like – accounting, are still with the...

Accounting breaths life into the businesses and has seen a number of changes in the recent past. Methods of accounting have witnessed massive progress driven by the technology and business requirements. As the progress is not a destination, it always...

A tax refund is the amount returned by the Internal Revenue Service (IRS) when the taxpayer has overpaid the tax. The average tax refund was $2,815 in 2015 when IRS issued 77 million refunds out of 99 million returns filed....

Form 1099 is a tax form by IRS (Internal Revenue Service), which is required to file the information of the incomes paid, other than earnings from the employer. 1099 MISC specifically deals with the miscellaneous income, such as non-employee compensations,...

19 January 2016 will mark the beginning of the 2016 filing season. The Internal Revenue Service (IRS) announced that tax return filing for this year will begin one day earlier than the previous one. Last year, it started on January...

If you are late with the filing of tax returns, there is a possibility that someone else pretending to be you might receive the money. This is the hijacking of tax returns. The tax industry is facing a stringent challenge...

The expanding challenges of the workplace globally demand accountants, attorneys, CPAs or bookkeepers to do more in less time. They are expected to deliver best-of-breed solutions to their clients quickly. To deliver right decisions at the right time, CPAs must be...

Update: This article was last updated on 30th March 2020 to reflect the accuracy and up-to-date information on the page. In these challenging times, when the coronavirus outbreak has become a menace for most parts of the world, it is...

The establishment of software solutions in the cloud is taking the leap that is benefitting businesses in many ways. And bookkeeping resources and accounting applications are no exception. Back in 2000, when QuickBooks Online was launched by Intuit the control...

Receivable refers to the unsettled transaction or debt, which are owned by the business by the customers. Basically, it represents the amount your customers have not paid for the stock that has been delivered. It is acceptable to some extent,...