The Future is CODEaccounting

The ability to crunch numbers in a variety of approaches and attain valuable information to better understand the current position and move accordingly in an attempt to gain a better stance can now happen in a blink of an eye. Accounting that is now paired with continuous auditing and reporting has been around for a […]

Surviving an Audit

Bookkeeping – This will be advice from our firm on how to pass an IRS audit. It should go over your options for setting up payment plans, exactly what documents the IRS will Request, and how businesses can prepare themselves for each of those requests. It should then offer Code Accounting’s services as a solution […]

REPORTING PAYMENTS TO VENDORS

You’ll need to do it, so make sure to do it right. All businesses make payments to vendors. But are you required to report these payments to the IRS? It depends on who you are making payments to and the amount being paid during the year. Various types of Forms 1099 must be provided to […]

Keeping your Gains

In the financial world, capital refers to the things you own that have value. When you sell those things, you either make more than the original cost, sell for less than the original cost, and in rare instances, break even. This is a painfully simple explanation of the concept of a “capital gain” and a […]