Bookkeeping

Also, the IRC Sec. 38 (c) limitation restricts the amount of tax liability that can be offset to the greater of either the tentative minimum tax or 25% of any tax liability greater than $25,000. If the company had no research expenses in any of the previous three years, the tax savings is 6% of […]

Sensitivity and scenario models enable organizations to identify how variations in one or more variables can impact an organization’s financial performance. Sensitivity models compute how sensitive a business’s financial picture is to changes in its key assumptions, like sales growth, cost of operations, or interest rates. Maintaining reliable financial data is essential for all sorts