The balance sheet essentially is a picture of your startup’s financial position at a given moment in time. Assets are what the business owns, liabilities are what it owes and equity is the share the owner has in the business. The balance sheet provides insight into the financial health of your startup. The cash flow statement monitors […]
What Does Paid in Arrears Mean?
In the case of standard business practices bill in arrears and payroll, it is generally understood as the first definition. In the examples above, arrears are not the result of overdue payments. If you miss your September payment, the next payment you make in October will be in arrears for September. Cons of Paying in […]
$27,500 00 California State Tax Calculation and Graphical Breakdown
See where that hard-earned money goes – with Federal Income Tax, Social Security, and other deductions. More information about the calculations performed is available on the about page. If you do any overtime, enter the number of hours you do each month and the rate you get paid at – for example, if you did […]