lainglab

If you improve depreciable property, such improvement should be treated as a separate depreciable property, at least for tax purposes. The only exception to the rule is that land is a non-depreciable property when some parts of it are used up, like it’s a mine that’s emptied of its reserves. Read more…

We use this estimate to record Bad Debt Expense and to setup a reserve account called Allowance for Doubtful Accounts (also allowance method write off called Allowance for Uncollectible Accounts) based on previous experience with past due accounts. We can calculate this estimates based on Sales (income statement approach) for Read more…

We utilize professional accounting software like QuickBooks for our bookkeeping services and can help bring your firm’s productivity to a superior level. Our firm offers bookkeeping services for small businesses in the Houston Metro area. We can be available for in-person meetings but can also work with your employees remotely. Read more…