Author: Ayla Bayer

Know how to tackle misclassification of employees

Ayla Bayer

Many businesses go on to make the mistake of misclassifying employees in order to bring down their tax burden. However, the IRS has got its own ways and system in finding out about any discrepancies in it and takes actions immediately in such cases. The IRS ensures to keep in track of one’s tax payment and takes required actions if there are some discrepancies in the tax payment. First of all, it is necessary to get to know the rules and regulations that comes along with paying taxes and also…

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How Are Forex Tools Beneficial?

Ayla Bayer

  Trading Forex is mostly about numbers. Trading in Forex is mostly about numbers. It is essential that traders are able to make quick calculations and make rapid decisions. Forex is a very complex & ever-changing entity. You must be aware of the changes that occur. a variety of Forex trading analysis tools that will aid you in making educated decisions in trading Forex. A lot of traders utilize these forex tools to reduce their risk when it comes to Forex. They can be used in conjunction to get the…

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Learn More About Accumulated Earnings or Retained Earnings

Ayla Bayer

Profits that are not released to shareholders as cash dividends are accumulated earnings, also known as undistributed profits or income reserves, and they are added to the company’s retained earnings. What is the statement of retained earnings?  The total of earnings that a firm has collected and maintained in the business since it began operations is shown on a statement of retained earnings, also known as a statement of changes in equity or accumulated earnings. Comparable Terms to Accumulated Retained Earnings Other names for accumulated retained earnings include earned surplus…

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A Brief Overview Of Mobile Payment Systems And Their Types

Ayla Bayer

The Mobile Payment system is one of the significant advancements in the retail payment infrastructure. The way it is gaining traction worldwide, no wonder that mobile wallet users are expected to increase to 4.8 Billion in the forthcoming years. Millennials and Gen-Z find it the most convenient payment method, and the businesses that do not support this mode of payment are likely to lose sales. The origin of mobile payment stems from the digital or electronic transfer of funds. Digital wallets enable users to transfer funds between transaction accounts, which…

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