It is mandatory for Delaware Corporations to file their annual franchise taxes online. To use this method, you must provide figures for all issued and outstanding shares and total gross assets in the spaces provided in your annual franchise tax report. Total gross assets shall be those “total assets” reported on the US Form 1120, […]

If your company has authorized 5,000 shares or fewer, your total Delaware franchise tax amount is $175. An annual Franchise Tax Notification is mailed directly to the corporation’s registered agent. The Delaware Division of Corporations will require all Annual Franchise Tax Reports and alternative entity taxes to be filed electronically. IMPORTANT CONSUMER ALERT ABOUT TAX […]

If you go even further, you will see that each debit entry has a corresponding credit entry. These terms are essential for keeping the balance between assets, liabilities, and equity in the accounting equation since they indicate a rise or decrease in account balances. These accounts make it considerably easier to keep track of various […]

The ideal order size to minimize costs and meet customer demand is slightly more than 28 pairs of jeans. A more complex portion of the EOQ formula provides the reorder point. The ordering costs are the costs that are incurred every time an order for inventory is placed with the supplier. Examples of these costs […]

Maintaining consistency in your COA from year to year is the most important thing when dealing with charts of accounts. This consistency ensures that accurate comparisons of the company’s finances can be made over time. The financial world is filled with terms that can seem intimidating to someone without a strong finance background. The chart […]

This is particularly beneficial for managing a COA efficiently, as it allows for real-time updates and minimizes discrepancies in financial data. Modern accounting systems offer tools for automating data entry, generating reports, and even suggesting account categorizations based on transaction types. The structure of a COA not only facilitates accurate financial recording and reporting but […]

This software is best suited for freelancers, allowing them to track income and expenses, track mileage, estimate quarterly taxes, and run basic reports. All Plus features for up to 25 users, plus a dedicated account team, advanced business analytics, employee expense management, batch invoicing, workflow automation and more. Both QuickBooks and Quicken are aimed at […]

Businesses whose home currency is not GBP are currently not supported. Simplify your books with the ability to track paper check numbers, right in QuickBooks. They can also be deployed through a browser window for entirely web-based how to calculate the effective interest rate for discounted bonds access. Quicken has four plans, and has a […]

Operating leverage is the ratio of fixed costs to variable costs. A higher operating leverage indicates a higher proportion of fixed costs, is salary a fixed cost which can be beneficial if the company increases its sales. However, it also means that more revenue is needed to break even. What Is the Federal Minimum Wage? […]

Conversely, cash earns little to no yield, with lower interest rates in deposit accounts. But it’s essential to remember that the relatively higher yield isn’t the primary motive for holding cash equivalents. Cash and cash equivalents information is sometimes used by analysts in comparison to a company’s current liabilities to estimate its ability to pay […]