But with the right accounting software, sending out invoices and filing tax information can be a simple and streamlined process. QuickBooks makes this process even easier thanks to a huge range of integrations and plug-ins you can use, with familiar names such as PayPal, Shopify and MailChimp all present and accounted for. QuickBooks has also […]
As years go by and you deduct less of the asset’s value, you’ll also be making less income from the asset—so the two balance out. You get more money back in tax write-offs early on, which can help offset the cost of buying an asset. If you’ve taken out a loan or a line of […]
A nonprofit’s statement of cash flow tracks a nonprofit organization’s cash and financial health. This statement contains information on how much cash an organization generates from investing, financing, and operations. One other difference for nonprofits is that while income directly related to their exempt purpose isn’t taxable, some income they generate may be subject to […]
