Oregon Income Tax vs California Income Tax

The state of Oregon requires you to pay taxes if you’re a resident or nonresident that receives income from an Oregon source. Oregon assesses income tax at rates up to 9.9%, and doesn’t have a general sales tax. The Income tax rates and personal allowances in Oregon are updated annually with new tax tables published […]

Differential Pricing: A Strategy Guide For Businesses

Fixed costs are displayed in the income statement and have an impact on the business’s profitability. Your company, Profits, Inc., currently advertises through newspapers and on your rarely-updated website. One of your new marketing executives suggests that the company should instead focus its advertising on television and social media. For the past six months, the […]

9 Best Online Bookkeeping Services 2024

See for yourself why Zoho Books tops lists like these time and time again. Zoho Books, FreshBooks, and QuickBooks are some of the easiest bookkeeping software. These three tools have an extremely low learning curve and a user-friendly interface. Personal accounting tools designed to manage your money shouldn’t be burning a hole in your pocket. […]

Net Realizable Value NRV: Definition & Calculation

If your total costs come in lower than expected, maybe you can price the product lower than $50, and that might increase sales. The net realizable value formula is primarily used in the accounting realm. It is a method used by companies to assess the value of their assets, particularly their inventory. This helps companies […]

How to Navigate the IRSs Automated Underreporter Program Bennett Thrasher

Therefore, the taxpayer’s basis in the $50,182 of USDC disposed is likewise $50,182 and therefore the increase in the taxpayer’s income with respect to these disposals should be zero. Two weeks after we fax our responses on behalf of our clients, we call IRS AUR to confirm they received our response — and then we […]