People who itemize tend to do so because their deductions add up to more than the standard deduction, saving them money. Our partners cannot pay us to guarantee favorable reviews of their products or services. Enter the tax per unit ($/unit) and the total number of units into the calculator to determine the Tax Revenue. […]
If you use some of them now with your spare $1,000 you won’t have them next year (assuming your employer lets you roll them over from year to year). Pete Rathburn is a copy editor and fact-checker with expertise in economics and personal finance and over twenty years of experience in the classroom. Consider the […]
When there is an increase in customer sales, it means that there is higher demand. A company then needs to produce more of its products to meet this new demand which, in turn, raises the break-even point in order to cover the extra expenses. Break-even analysis is often a component of sensitivity analysis and scenario […]
The higher a borrower’s credit score, the more favorable the interest rate they may receive. Anything higher than 750 is considered excellent and will receive the best interest rates. As a result, they will either reject the lending application or charge higher rates to protect themselves from the likelihood that higher-risk borrowers default. For example, […]
Also, most expenses are spent in the short term and many liabilities are long term obligations. Bookkeeping might not be the glamorous aspect of running a startup, but it’s the unsung hero of business success. Evaluate the cash flow statement to assess the startup’s ability to manage its finances and identify any areas of concern. […]
We take great pride in helping all our clients with all their tax needs. Our goal is to make you more efficient and profitable. I was a little nervous about not having a face to face relationship with my accountant but Navy has absolutely exceeded my expectations. She has been very patient with all of […]
