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Tag: balance sheet

Accounting Methods Explained

November 29, 2018 tinamarino

There are two types of accounting methods the IRS recognizes for most businesses – Cash and Accrual. You choose the…

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Posted in: Accounting, Bookkeeping Filed under: accounting, accrual basis, balance sheet, bookkeeping, cash basis, cash vs accrual, financial statement, Marino Money Masters

Importance of Keeping Good Records

September 19, 2018 tinamarino

When I taught the Small Business Tax & Accounting Workshops at the SBA’s Small Business Development Center, the one thing…

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Posted in: Accounting, Bookkeeping Filed under: balance sheet, bookkeeping, budgets, financial statement, good records, money, profit & loss, render unto Caesar, tax season

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