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For the past 52 years, Harold Averkamp (CPA, MBA) has worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. Free Resource LibraryAccess our extensive collection of valuable resources for instant support in your personal and professional growth. Printing and stationery expense is an administrative expense for the vast majority…

Meanwhile, New York City also levies its own income taxes, which means residents of the Big Apple pay some of the nation’s highest local rates. New York offers credits and deductions that can reduce tax liability, but eligibility depends on income type, filing status, and financial circumstances. One significant credit is the Other States Tax…

This resource helps you navigate the diverse world of budgeting tools and empowers you to make informed decisions. While you’ll create your nonprofit’s operating budget from scratch once a year, budgeting shouldn’t be a one-and-done event. Instead, your budget should guide your organization’s spending, fundraising, and reporting throughout the year, so check in with it…