Understanding a Balance Sheet With Examples and Video Bench Accounting
Many different financial ratios can be calculated from the information on a balance sheet. The assets are made up of fixed and intangible assets, bank, stock and debtors. Assets – Fixed Assets, Current Assets, intangible assets, stock, cash, money owed from customers (accounts receivable ledger) and prepayments. The current ratio But unless you use them […]
What is a 1099 Contractor? The Difference Between W-2 Employees and 1099 Contractors
The deadline for getting a Form 1099-NEC to a subcontractor is January 31st (or the next business day if it falls on a holiday or weekend). All Form 1099-NECs must also be filed with the IRS by January 31st. To calculate how much tax you need to pay, use the Estimated Tax Worksheet, which is […]
