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My boss has two companies: Company A and Company B. Company B takes a loan from company A in the amount of 100,000. After some time, company B returns 150,000. What will be the accountin…
My client is an online retailer based in NY, using a manufacturer in California to build and ship its products. Do we need to collect sales tax in California underneath the out-of-state threshold,…
Can I exclude transfer pricing from EBITDA?
I am a self employed real estate agent. I was thinking of buying a TESLA model X, which is more than 6,000 lbs in weight, and file section 168 bonus depreciation since the car will be used for busine…
We are a construction company and would like to have a few questions answered regarding the financial statements that we are going to create for ourselves. Here is the link to Balance Sheet & …
I had an LLC registered in Louisiana selling stuff on Amazon. I moved from LA to Arizona and I set up a new LLC and I dissolved the old one. My question is, how does that work in bookkeeping an…
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