A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to ...

With tax season just around the corner—the IRS has announced that filing season will open on Monday, Jan. 29, 2024—many taxpayers are scrambling to get their records together and bracing to find out ...

Black-owned accounting firms are helping businesses maintain tax compliance while protecting income and profits.

Many not-for-profit organizations dread the unrelated business income tax (UBIT) because it can be a challenge to sort out when a not-for-profit’s activities are subject to the tax and when they are ...

Discover how gross profit and operating income differ and why both are crucial in assessing a company’s financial health. Get ...

The Expert Consumers recognition of QuickBooks as the leading accounting software for tax in 2026 reflects the platform's comprehensive approach to financial management and tax preparation. The ...