New Phishing Scam Worries IRS

August 11, 2017

What Phishing Scams Should Taxpayers Avoid This Quarter Participants of the Security Summit such as the Internal Revenue Service along with other state tax agencies and the tax industry have cautioned tax professionals and businesses about a newly discovered scam. The scam they were talking about is similar to other phishing strategies done by scammers. …

Two Types of Bookkeeping Methods

August 6, 2017

The Double and Single Entry Method Bookkeeping is one of the most important processes in the accounting cycle. It is also one of the most commonly availed accounting services. In layman’s term, it is the process in which the transactions, both income and expenses, of a business is recorded in the books of the company. …

Most Common Accounting Services Available

August 2, 2017

What are the Types of Accounting Services? Accounting has been described as the bloodline of any business. Whether you’re monitoring inventory, recording sales, or checking for inconsistencies, you are already applying basic accounting principles. But of course, professional accountants have been trained to perform the same routines but in a more organized, accurate, and effective way. …