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If you have qualified dependents, you may be eligible for certain credits and deductions. You’ll notice that the old-school paper receipts that clutter file folders and shoeboxes — those “cash register tape receipts” — don’t Read more…

In other industries, you’re allowed to keep clients’ prepayments in your operating account and use the money to fund client projects and pay the rent. The assistance can be welcomed in any form; be it Read more…

Commercial invoices are customs documents used when a person or business is exporting goods internationally. The information included in commercial invoices is used to calculate tariffs. It’s important to remember that 30 days is not Read more…

But for smaller firms or companies with fewer receivables, it’s important to consider how much these tools could potentially improve AR workflows compared to the cost of the software. Xledger is a cloud-based accounting and Read more…

If you’re a startup burning cash, you’ll need to pay attention to your burn rate. If significant capital investments are anticipated, retaining earnings to cover these costs can be more advantageous than external financing. Businesses Read more…