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4 Common Estate Planning Mistakes

4 Common Estate Planning Mistakes

  • June 5, 2015
  • by hiaadmin
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Estate planning is one of the most neglected aspects of the average American’s financial strategy. Obviously, accepting one’s mortality is one of the biggest obstacles to estate planning. No one looks forward to planning for the future of their assets…

IRS Webinar on Home Office Deduction

IRS Webinar on Home Office Deduction

  • June 5, 2015
  • by hiaadmin
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According to irs.gov, “the Internal Revenue Service will hold a free webinar this week designed to help individuals, especially owners of home-based businesses,  see if they  qualify for the home office deduction.” Useful for small business owners, industries and organizations,…

USES OF FINANCIAL REPORTS

USES OF FINANCIAL REPORTS

  • December 12, 2014
  • by hiaadmin
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Financial statements may be used by different stakeholders for a multitude of purposes. Owners and managers require financial statements to make important business decisions affecting its continued operations. Financial analysis is then performed on these statements, providing management with a more detailed understanding of the figures.

FUNDAMENTAL ACCOUNTING

FUNDAMENTAL ACCOUNTING

  • December 11, 2014
  • by hiaadmin
  • 1 Comment

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of Financial Accounting Concepts No. 1, are to provide information that

ACCOUNTING 1 ON 1

ACCOUNTING 1 ON 1

  • December 11, 2014
  • by hiaadmin
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Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of Financial Accounting Concepts No. 1, are to provide information that

PROPER INVOICE INFO

  • November 11, 2014
  • by hiaadmin
  • 1 Comment

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of…