• Individual Taxpayer Identification Number Internal Revenue Service

    Refer to Employer ID Numbers for more information.The following form is available only to employers located in Puerto Rico, Solicitud de Número de Identificación Patronal (EIN) SS-4PR PDF. An Individual Taxpayer Identification Number (ITIN) is a tax processing number issued by the Internal Revenue Service. The IRS issues ITINs to individuals who are required to…

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  • What Is a Halfway House & What to Expect

    Selecting the right option for yourself or a loved one will come down to the specific treatment options you may need and the stage of addiction recovery. “Aftercare” is what happens both during and after your initial rehab program. While you’re in rehab, your treatment team is working to make sure you have the skills…

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  • Recognizing & Overcoming Character Defects in Addiction Recovery

    When shame is really washing over you, it can be hard to divide that experience up into discrete thoughts. After completing the 5th step, we often feel more connected to ourselves, our Higher Power, and others. This newfound freedom becomes the foundation for future steps and fuels our journey toward long-term recovery. Through this process,…

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  • What Is a C Corp? Pros & Cons, Tax Treatment 2024

    Here’s a quick comparison of the pros and cons to help your decision. The owners of an LLC, called members, can be individual(s) or entities — normal balance such as a C corporation. Neither the state corporation laws nor the state LLC laws prevent a corporation from owning an interest in an LLC or having…

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  • C Corporation C-Corp TaxEDU Glossary

    S Corps might have it a bit easier here since they often have fewer shareholders and less complex structures. S corps have a 100 shareholder limit, but C corps have an unlimited shareholder count. This may not apply if the company’s governing documents say otherwise. Keep in mind that once the C corp owns $10…

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  • 5 Essential Strategies in Marketing for Accounting Firms

    A mix of digital and traditional strategies will help you meet comparative balance sheet definition your customers where they are and make your marketing more effective. Michael Cerami joined CPA.com at the company’s inception in January 2001 as Vice President, Strategic Alliances. Since then, he has been a key contributor to the company’s growth through…

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  • 10 unique marketing strategies for accounting firms

    Marketing for accounting firms presents a unique set of challenges that can impact their ability to attract and retain clients effectively. Understanding these what is a good interest coverage ratio hurdles is crucial for developing strategies that effectively address and overcome them. One effective way to address these challenges is to highlight specialized capabilities such…

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  • Is a Car an Asset or a Liability?

    To gain a holistic view of your financial health, calculate your net worth. This figure is derived by subtracting your total liabilities, which include outstanding car loans, from your total assets. Your car’s current market value plays a role in determining your total assets. For instance, if your car’s value is $15,000, and your total…

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  • Is A Car an Asset or A Liability?

    They’re recorded in the short-term liabilities section of the balance sheet. To determine how much your car is worth, you can use tools like Kelley Blue Book. This service provides an estimated value based on your car’s make, model, year, condition, and how you intend to sell it—whether privately or as a trade-in. You could…

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