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Certified Public Accountant
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Co-authored Articles (18)
How to
Spot a Fake Check
According to the National Consumer League, a nonprofit organization that helps stop fraud and other consumer misconduct over the United States and abroad, the number one scam reported to their Fraud Center is fake checks...
How to
Find the Owner of an LLC
An LLC, or Limited Liability Corporation, is legally required to be registered in the state in which it conducts business.. 22 February 2023.This means that the state has a record of who owns the Corporation. If you'd li...
How to
Write a Bank Authorization Letter
If you'd like to authorize someone else to handle money in your bank account, most banks give several options. You have the option to give the person financial power of attorney. 14 July 2023. and specify which transacti...
How to
Prepare a Financial Report
A financial report, or financial statement, consists of a balance sheet, an income statement, a statement of retained earnings, and a statement of cash flows. These 4 documents together communicate a company's performanc...
The Best Way to Create an Invoice (with Examples)
Everything you need to know about making and filling out an invoiceAn invoice is a notice you send to customers or clients to notify them that payment is due for services you have performed. An invoice should outline wha...
How to
Open a McDonald's Franchise
McDonald's Corp. is the largest, and perhaps most recognizable, chain of hamburger fast food restaurants in the world. More than 58 million customers are served at McDonald's restaurants each day, in more than 100 coun...
How to
Add Sales Tax
When browsing in your favorite department store, the prices listed aren't actually telling you the total cost. Most cities and states charge a sales tax, driving the price of a cool new jacket or a fabulous piece of jewe...
How to
Fill Out a US 1040X Tax Return
It can happen to the best of us. You think you're all done with your taxes, and just as you're congratulating yourself on getting them done early, you get a tax form in the mail with information you should have included ...
How to
Start an LLC
A limited liability company (LLC) is a popular way of setting of a business because it allows the owners to limit their personal liability for actions taken by the company. While an accountant or an attorney can set up a...
How to
Review a Financial Statement
A financial statement is the lifeblood of any business. You rely on these financial statements to know the condition, performance and ability to efficiently sustain past and future operations of a particular business. Bu...
How to
Move Your LLC to Another State
If you need to move your LLC (limited liability company) to a different U.S. state, there are several great options available. In this article, we’ll show you how to register the LLC as a foreign entity in your new sta...
How to Purchase Illinois Tax Liens
Learn to make money on foreclosed propertiesMany active investors are turning to tax liens to earn a little extra income. When you buy a tax lien in Illinois, you aren't buying the property. You're simply buying the rig...
How to
Read a Financial Report
Financial reports, also called financial statements, demonstrate a company's financial position over a specific period of time. Most businesses and organizations provide financial reports to their Boards of Directors, sh...
How to
Start a Franchise with No Money
It's not possible to start a franchise without any money. You'll need to pay an initial franchise fee. 22 February 2023., and you will have other start-up costs. Furthermore, franchisors want to see that you have some sk...
How to
Open a Dunkin' Donuts Franchise
Dunkin’ Donuts, part of Dunkin’ Brands, is one of the world’s most recognized franchises. Dunkin’ Donuts restaurants sell hot, decaffeinated, iced, and flavored coffee along with bagels, donuts and muffins, makin...
How to
Calculate Asset Utilization
Businesses and financial analysts calculate asset utilization to assess how efficiently a business is using its assets to create revenue. This measurement is typically calculated as a ratio of asset value to revenues. As...
How to
Create an LLC for a Rental Property
If you own rental property in the U.S., creating an LLC to manage that property can be a good way to protect your personal assets. An LLC also makes it easier for you to keep your business expenses separate from your per...
How to
Which types of retirement accounts are taxable?
Some types of retirement accounts are taxable while others are tax-free, which can make determining the best way to invest and save your money a little confusing. Fortunately, in this video accountant Alan Mehdiani expla...