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Accumulated depreciation is the sum of all depreciation expenses on a company’s assets (sum of the value that assets lose since they start operation). On the other hand, depreciation expense is the degree (in value) to which a machinery, equipment, or tool depreciates over the period of time (say a

So you're finally going to take that big leap and jump into the business ring. Beginning a solo business venture requires a lot of planning, especially when you consider the self-employed (or other entity selection) taxes. If you start your business this year, you will want to get ahead of the

If you are self-employed, typically you need to file a Schedule C form. This form is required to report the income or loss of your business. Additionally, if you're a sole proprietor, independent contractor (a statutory employee), or receive 1099-MISC income, you'll need to file a Schedule C

As these harsh economic times continue to intensify for the worst as a result of the COVID-19 pandemic, many small and large scale primary businesses are being forced to either layoff their employees, or furlough them. As of the 4th week of lockdown in several significant states of the world, close

Credited for their convenience and effectiveness, software companies are often the driving force behind any modern organization. And while the product may not be tangible, there are still numerous KPIs to track. Key performance indicators in the SaaS industry highlight how companies can

Everyone who starts a business wants to be successful, and law firms are no exception. Just like a typical business, law firms should be focusing on market needs and key performance indicators (KPIs) to ensure the growth of their business. If you're going to achieve your goals, you're going to

All business need to focus on their key performance indicators (or KPIs) if they ever hope to increase their business. However, for different styles of business there are, of course, different styles of KPIs. For dental practices in particular, here's some of the KPIs to track to ensure the best

During tax season, it can sometimes seem as if your entire previous year becomes a question mark. What can you claim, how can you claim it, and how much can it be claimed for… all questions that become repeatedly asked of all life’s situations. One particular situation that has multiple answers