Applicants can also submit their W-7 by scheduling an appointment at an IRS Taxpayer Assistance Center while in the United States, or through a Certifying Acceptance Agent either in the…

Drawings are recorded in a separate ledger called the drawings account. This account is used to track the amount of money that the owner(s) have withdrawn from the business for…

Recall that Building Blocks of Managerial Accounting explained the characteristics of fixed and variable costs and introduced the basics of cost behavior. Let’s now apply these behaviors to the concept…

For example, if you have 20 years of CPA certification, you can justifiably charge a much higher rate than someone who has just recently become a certified public accountant. Talk…