What are dividends? What you need to know about the different types and taxes
Effectively, that’s the percentage of the company’s profits that are paid out to shareholders, which is determined by the company. When a company declares dividends, it must have sufficient retained earnings or cash in its bank account to cover those distributions. We encourage advisors to speak with our portfolio construction team about tradeoffs relative to […]
Cost Accounting: Types, Functions, and Example
Understanding a product’s marginal cost can help a company assess its profitability so management can make informed decisions. Cost accounting records, analyzes and reports all a company’s variable and fixed costs related to a product’s production. While having a solid handle on your business’s finances is essential, how you track business expenses and income may […]
Bookkeeping, tax, & CFO services for startups & small businesses
The offset to this on your balance sheet is cash – so you’ll have more cash flow than your income statement would “predict.” Not a bad problem to have… Watch our deferred revenue video here. Plus, it can save you money on your taxes when you file your yearly income tax return. It is important that […]