Recent content by masur

I recently saw news saying BNZ drops fixed home loan rates, and it caught my attention because the housing and lending market has been unpredictable lately. For anyone looking to refinance or purchase a property, this could be a big shift — but I’m not sure whether it’s the right time to act or...

One of the easiest methods to see who contributes the highest taxes (according to U.S federal income tax data) would look as a pie chart like this: Top 1%: ~40% of total taxes Next 4% (Top 5% total): ~21% Next 45% (Top 50% total): ~36% Bottom 50%: ~3% Therefore, the upper income households...

A CRN (Course Reference Number) is a special number given to every course being run in a college/university. Students use this number to either add, drop or register specific courses.

Financial statements are official documents that describe the financial activity and the status of a company. These are the balance sheet, income statement and cash flow statement. These reports assistinvestors, management and stakeholders in determining profitability, performance, cash flow...

A Schedule of Cost of Goods Manufactured (COGM) is a report that presents all the total production costs incurred over a period- direct materials, direct labor and manufacturing overheads to come with the cost of goods produced at that period.

I’m trying to figure out how much does an accountant cost, but the pricing seems different depending on the service. Some people say accountants charge a flat rate for tax returns, while others mention hourly billing for bookkeeping or monthly retainers for business accounting. For those who...

I’ve been researching different career and business paths, and I’m curious — what is considered the highest-paying job today? Some say it's medical specialists, others say it's tech roles like AI engineers or executives, and some argue that entrepreneurship beats all traditional careers. For...

Divide your annual salary by the total number of hours you work in a year.One You would divide the remuneration by 2,080 (40 hours per week 2$\times$ 52 weeks/year), assuming a standard 40-hour work week. how to calculate hourly rate from annual salary

Gross profit represents the difference between the revenue of the company and the cost of goods sold (COGS). It presents the extent to which business makes profits out of its base products or services, and excludes operating and taxation costs among others. Gross profit assists in the...

Current assets are other short-term assets a business anticipates to be turned into cash during a period of one year. They involve cash, the accounts payable and the inventory, and short-term investments. These resources assist in meeting the daily operation cost and liquidity, which allows the...

Simply give your name, address, and kind of business when registering as self-employed with your country's tax authority (such as the IRS in the US or HMRC in the UK). You will then receive a tax ID or reference number that will allow you to correctly file taxes every year.

No, it is not true. In most nations, freelancers are required to pay taxes. They are typically in charge of filing their own income reports, paying income taxes, and frequently paying social security or self-employment taxes. Although local regulations differ, being a freelancer does not shield...

When you just know the total amount (including tax), a reverse sales tax calculator can assist you determine the pre-tax pricing. The sum is simply divided by (1 + tax rate). For instance, if you paid $107 plus 7% tax: 107 ÷ 1.07 equals $100 before tax, with a $7 tax. When receipts merely...

Is anyone else having issues accessing QuickBooks today? I’m trying to log in and wondering if QuickBooks Online is down or if it's just a local problem. Sometimes outages happen, so I’d like to know if others are experiencing the same issue before troubleshooting further.