Accounting is vital for running a business because it allows the company to track income and expenses, maintain statutory compliance, and offer calculable financial information to investors, management, and the government to make informed business choices.
This chapter will introduce basic accounting fundamentals, financial statements, the difference between types of financial professionals, accounting software, and taxes.
Topics & Lessons
Each Below Topic Contains a Video Lesson and Helpful Downloadable Information
Common Accounting Questions and Errors
Accountants, CPAs, and Bookkeepers
Accounting Systems and Software
Taxes (Links to Taxes/IRS Videos)
Why it Matters
Types of Tax Obligations
Franchise & Excise Taxes
IRS and State Tax Resources and Due Dates
Selecting a Business Tax Professional
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