Category Archives: Bookkeeping

Maximizing Salvage Value After Tax: A Guide For Business Owners

This method assumes that the salvage value is a percentage of the asset’s original cost. To calculate the salvage value using this method, multiply the asset’s original cost by the salvage value percentage. In general, the salvage value is important because it will be the carrying value Accounting For Architects of the asset on a […]

Billable Hours: What Are They and How to Calculate Them

Keep up with Michelle’s CPA career — and ultramarathoning endeavors — on LinkedIn. For tasks that need to be done from an office or remotely, web punch clocks offer a convenient solution. Employees can log their hours from their desktops, ensuring all work is tracked, regardless of location. Get resources to your inbox directly! When […]

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