by accurate_m | May 11, 2023 | Bookkeeping
The New York adjusted gross income of adjusting entries a resident or nonresident individual is defined as federal adjusted gross income with modifications as specified by New York Tax Law, Article 22, § 612. Capital gains from investments (including proceeds from...
by accurate_m | Mar 22, 2023 | Bookkeeping
The tax laws can be complex, so staying informed on rates and potential tax credits can be essential in navigating the city’s tax landscape and ensuring proper tax filing for both residents and businesses. The federal income tax is a tax that the United States...
by accurate_m | Jul 27, 2020 | Bookkeeping
These categories are also referred to as accrual-type adjusting entries or simply accruals. Accrual-type adjusting entries are needed because some transactions had occurred but the company had not entered them into the accounts as of the end of the accounting period....