CIP (Construction in Progress) I have always seen as stand-alone Fixed Asset account where you are adding cost incurred such a labor and material cost. You may ...
Since you can't get rid of COGS in QB even if not needed, most people I have worked with use it as "COS" (Cost of Sales). What we normally call Direct Cost vs. ...
Most payroll taxes have an annual limit per person.Compare deductions to see what has changed.For example, as I recall, but check for latest:Just Google and the...
I'm not a tax expert but have been accountant for 30+ years and charge my small business home office rent.If your LLC files taxes as an "S-Corp", same as I do, ...