A W7 form is filled out for the specific purpose of attaining an Individual Tax Identification Number or “ITIN”. An ITIN is a number issued by the Internal Revenue Service…

1099 form is also known as the information return, from where the various sources an individual earns his/her income from is recorded. These sources are apart from the employer and…

It’s that time of the year again. You will have to start thinking about your organization’s tax return filing. Furthermore, this means that you will have to fill out the…

There was a time when you could purchase a quintal of rice by selling a pound of meat. Yes, I am talking about the barter system. In the earliest of…

The process of gathering information about costs associated with a specific task is job costing system. This information may be required to submit the cost information to a customer under…

When one is considering to switch from in-house bookkeeping to virtual bookkeeping, there must be several questions that pop up in one’s mind. Some of them will probably be, how…

Every business enterprise aims at doing business lawfully and legally, in order to keep a clean image and provide their employees with the best working experience. The salary given to…

If you are dealing with Federal tax matters, you may decide to represent yourself or have another person do it for you. The individual who represents you before the IRS…