E-commerce accounting presents specific challenges over the traditional method of accounting. While traditional accounting has always relied on what is in print on paper, e-commerce accounting isn't the same. Everything is electronic, and for most ecom businesses, transactions can happen from myriad
Effective Ways Of Dealing With Customer Churn
When running a business, an essential element for maximizing profits is your company's ability to attract new customers (while maintaining the old ones). However, all companies experience some level of customer churn, which lowers their revenue and profit margins.Customer churn is the number of
No, it wasn’t a joke. Elon Musk is set to buy Twitter
Elon Musk became Twitter's biggest shareholder on March 14 after purchasing 9.1% of the company's value for $2.64 billion. Musk initiated an unrequested and non-binding bid to buy Twitter for $43 billion, or $54 per share, and turn it private on April 4. Twitter's capital encountered its most
Washington Poised To End The Sale Of Gas-Powered Vehicles By 2030
Washington State has just announced that they're ending the sale of gas-powered vehicles by 2030. The push to end the sale of gas-powered vehicles is a part of the state’s new clean air law. This law sets ambitious goals for meeting the reduction of carbon emissions by 2050.The policy sets
Female Small Business Owners Finding Success In Seattle: Entrepreneurs In The Emerald City
Since 1982, Seattle’s official nickname has been “The Emerald City.” The Seattle-King County Convention and Visitors Bureau coined the term to attract visitors. The nickname for the city came about in 1982, and they included it in the city’s emblem.The name came after a competition for the best
CPA Checklist: What to Bring to your First Meeting
CPAs invoice depending on their hourly rate. Because of this, it's in your best interest to be organized and efficient when meeting with your CPA. If you provide all the required paperwork from the onset, then there'll be less back and forth on email/calls trying to track the information down. To
FTC Suing TurboTax (Intuit) For Claiming It’s “Free”
The Federal Trade Commission (FTC) is suing TurboTax's parent company, Intuit, for claiming its tax software was free. Customers pay $60 for federal returns and $40 for most state returns after the initial free 1040EZ or 1040A version.According to the court filing published by the FTC on March
Biden’s Tax On The Wealthiest To Reduce The Deficit By $360 Bilion
President Joe Biden has proposed a new tax bill that would impact the nation’s top 100th of 1% of households; to be clear, this is not the 1%, but 0.01%. This plan would reduce the deficit by $360 billion over the next ten years. This bill would increase the income tax on people worth more than $100