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Here’s a simple small business financial statement example (Income Statement): Revenue: $8,000 Expenses: $6,800 (COGS, rent, salaries...

Capital gains tax rates (2025): Short-term: 20% for equities; income tax slabs for others. Long-term: 12.5% on equity gains over ₹1.25...

Auditing is the systematic examination of financial records, statements, and processes to ensure accuracy, compliance with regulations...

The main goal of an audit is to evaluate the accuracy and reliability of financial statements, ensuring they fairly represent an...

To find your hourly wage from salary, divide your annual salary by the number of work hours in a year. Typically, use 2,080 hours (40...

GST No. (Goods and Services Tax Number) is a unique identification number assigned to businesses registered under the GST system. It’s...

Gross wages are the total amount of money an employee earns before any deductions. This includes salary, overtime, bonuses, and other...

The benefit of a checking account Everfi module is that it teaches users how to manage money, avoid fees, use debit cards, and build...

Software support focuses on resolving technical issues related to software products—like bugs, updates, and compatibility—often by...

Bookkeeping is the process of recording daily financial transactions like sales, purchases, and payments. Accounting involves analyzing...

"Fidelity layoffs" refers to job cuts made by Fidelity Investments, a major financial services company. These layoffs typically occur as...

Yes, Zoho Books offers a forever free plan for businesses with annual revenue under USD 50,000 (or INR ≈ ₹25 lakhs in India). The free...

State Luxury tax is an added levy of charged on goods and services that are deemed luxurious or non-essential in nature e.g. luxury...

Quicken is personal finance software that helps individuals manage their money, budgets, investments, and bills in one place. It's...

Revenue is the total income a business generates from its primary operations, such as selling goods or services, before any expenses are...