Taller Passion Car

Bookkeeping

Shipping and Handling: New Revenue Recognition Standard ASC 606

When there is a low demand for freight services, shipping companies may reduce their charges to attract fewer customers looking to move cargo. To illustrate, suppose CBS sells 30 landline telephones at $150 each on credit at a cost of $60 per phone. On the sales contract, FOB Destination is listed as the shipping terms, and …

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Bookkeeping Accounting Bookkeeper small business Kansas City

We will create a unique strategic plan for your business and its goals. Schedule a free consultation to discuss which services are right for your business. Our commitment goes beyond the customary accountant-client relationship, wherein our involvement is not limited to tax seasons or mere document requests. Instead, we prioritize understanding you and your enterprise, …

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What Is Payroll? An Overview of the Payroll Process for Employer

In this section, we’ll break what is payroll down to a science. Offer health, dental, vision and more to recruit & retain employees. Payroll taxes are put in place to help fund unemployment, Social Security benefits, and Medicare contributions. The taxes ensure that these programs get a regular flow of income to operate efficiently. The …

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