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Orange County CPA Firm: Tax Preparation & Bookkeeping

Additionally, XOA TAX ensured compliance with accounting principles and improved the client’s overall profitability through expert bookkeeping services. We deliver state-of-the-art tax preparation and accounting systems to offer you the most efficient and substantial experience. We not only help you set up an accounting system that tracks your revenue, expenses, and payroll, but also tailor […]

How to Calculate the Degree of Operating Leverage: Formula & Example

Microsoft or Apple is a perfect example of a high-leverage operating business. You do research and obtain the following data for each of these companies. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Concentrating on your […]

Accounting For Startups The Entrepreneur’s Guide

For the most part, it’s easier to train accounting knowledge than it is to build customer service skills. When hiring, it’s important to look at the qualities a candidate can bring into a firm – not necessarily just credentials. When hiring, accounting firms are like many businesses and are looking for a combination of […]

What is The Accounting Equation

Equity is also referred to as net worth or capital and shareholders equity. Its concept is also to express the relationship of the balance sheet items which are assets, liabilities, and owner’s equity. As we have seen in the example above, the $50,000 of cash which the owner injects into business becomes the assets of […]

Best Freelance and Self-Employed Accounting Software

If you don’t travel frequently for work, QuickBooks Self-Employed doesn’t have much to offer. Our partners cannot pay us to guarantee favorable reviews of their products or services. The cost of hiring a CPA also increases the more complicated your return is and the more time that person will spend on your return. The same […]