ADP RUN articles

An existing relationship tends to influence the terms of a non-arm’s length transaction. For instance, it’s unlikely that a transaction involving a father and his son would yield the same result as a deal between strangers because the father may choose to give his son a discount. If you’re getting your mortgage through the FHA, you will need to complete an Identity of Interest Certification. This certification is required whether you’re related by blood or connected thr […]

The appraiser must determine the current state of the neighborhood and where it is headed in the future. For instance, a home in a new or up-and-coming subdivision will have a higher value today, because it is expected to increase in the future. On the other hand, a home in a tired-looking neighborhood that is declining instead of growing doesn’t have the same potential for value. The parameters vary between homes in a metropolitan area and in a rural community. In a larger city, the app […]

It’s virtually impossible to deliver any of these if you don’t have an accounting system in place. Most small businesses have more basic accounting needs, which means cash basis is often the right fit. Small businesses hire accountants to advise them on their financial situation and help file taxes. Aside from handling taxes and compliance issues, they can help you optimize budgets, spot opportunities to save, and even apply for business loans. Chief Financial OfficerThe chief fina […]

You can also add on payroll through Gusto starting at $40 per month. It’s essential, especially as an independent contractor, that you keep your business transactions transparent. This will separate your business transactions from your personal expenses. Independent contractors may sometimes seem like another employee, but they are a completely different business entity than the businesses they perform work for.
Our Company is seeking a skilled Bookkeeper responsible for recording and mai […]

An APB (All Points Bulletin) is a broadcast alert from one police station to all other police stations in an area, such as a city or a state. On the other hand, a BOLO (Be On the Lookout) is a similar alert but circulated among law enforcement officers or agencies, often with a focus on locating individuals or vehicles fitting a specific description. The primary goal of an APB is to share information related to a suspect or an ongoing criminal investigation across multiple law enforcement juri […]

Without accruals, a company’s financial statements would only reflect the cash inflows and outflows, rather than the true state of its revenues, expenses, assets, and liabilities. By recognizing revenues and expenses when they are earned or incurred, rather than only when payment is received or made, accruals provide a more accurate picture of a company’s financial position. Another example of an expense accrual involves employee bonuses that were earned in 2019, but will not be pa […]