Check out 16 tax deductions for optometrists to claim on their tax returns, including well-known deductions like wages, plus tricks like writing off bad debts.

Find out which three financial statements every dental practice needs, and how to use them to make your business more profitable.

Get professional insights into revenue recognition under GAAP and IFRS, how this principle works, and the 5-step model for recognizing revenue.

Learn debit vs credit accounting basics, including how debits and credits work, when to apply each, and their role in maintaining balanced books.

Discover how the matching principle in accounting aligns expenses with revenue to improve profit accuracy, financial reporting, and smarter business decisions.

Find out how to file small business taxes accurately, stay compliant with federal and state rules, maximize deductions, and avoid mistakes with expert guidance.

Learn what fixed costs and variable costs are, how to calculate them, and how to make your business more profitable.

Find out whether you should hire a bookkeeper, how SMBs benefit from outsourced bookkeeping, and when to hire an accountant or CFO.

Learn what a LIFO reserve is, how it helps with tax planning, how to calculate it, and its importance for small businesses.

Find out the main differences between FIFO and LIFO, the pros and cons of each, and how inflation impacts inventory value using each method.

Learn if grants are taxable for businesses, which grants are tax-exempt, IRS treatment of cash and non-cash grants, and best practices for staying compliant.

Find out the difference between gross margin vs net margin, how to calculate them, and why they’re both essential for running a profitable business.

Explore what a contribution is in accounting, including explanations and examples of three different types of contributions and how they relate to your business.

Find out the role the post-closing trial balance plays in accounting, why it’s important in businesses, and how to prepare it while avoiding common mistakes.

Discover what inventory depreciation is, accounting methods for inventory value loss, and why recording inventory write-downs is important for accurate books.

Find out what depreciation recapture is, how to calculate it based on property type, and tax planning strategies to reduce your exposure.

Learn when you need an account for your small business, what services accountants provide, and how they help business owners achieve their financial goals.

Discover how much income a small business can make without paying taxes and the tax strategies, like claiming tax deductions, that reduce taxable income.

Compare top accounting businesses in Jacksonville, Florida, to find the right partners for your personal and business’s financial needs

Learn the inner workings of dental equipment depreciation, including qualifying equipment, depreciation timelines, and strategies to make depreciation work for you.