Kresnier Perez

Liberty Tax is a tax preparation company founded in 1997 that operates thousands of locations throughout the United States and Canada. The company provides tax preparation services to individual taxpayers and small businesses through its network of franchised offices. The company offers several services including tax return preparation, electronic filing, and audit assistance. Liberty Tax […]

A Comprehensive Income Statement is a financial document that presents a company’s financial performance over a specific period, including both traditional net income and other comprehensive income items. This statement serves investors, analysts, and management by providing a complete view of financial results beyond standard operating activities. The statement differs from a traditional income statement

Payroll deductions are amounts withheld from an employee’s gross pay by an employer, which are then used to cover various obligations and contributions. These deductions can be mandatory or voluntary, and they play a crucial role in the overall compensation structure. Mandatory deductions typically include federal and state taxes, Social Security, and Medicare contributions, which

A Certified Financial Advisor (CFA) plays a pivotal role in guiding individuals and families through the complexities of financial planning and investment management. These professionals are equipped with specialized knowledge and credentials that enable them to provide tailored advice based on a client’s unique financial situation, goals, and risk tolerance. The designation of “certified” typically

Bookkeeping and accounting are essential functions that underpin business success rather than mere administrative tasks. Accurate financial records clearly illustrate a company’s financial position, enabling evidence-based decision-making by business owners. Organizations that neglect proper bookkeeping risk losing track of their financial activities, potentially resulting in cash flow difficulties and financial instability. For example, a small

Personal accounting software is a digital tool designed to help individuals manage their finances more effectively. It allows users to track income, expenses, investments, and savings, providing a comprehensive overview of their financial health. Unlike traditional accounting methods, which often involve manual record-keeping and spreadsheets, personal accounting software automates many of these processes, making it

Digital technology has fundamentally altered accounting practices, significantly increasing accessibility for small businesses, freelancers, and entrepreneurs. Free accounting software now serves as an essential resource for organizations with limited budgets that require comprehensive financial management tools. These platforms typically include features for tracking income and expenses, managing invoices, and generating financial reports at no cost