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Xero vs QuickBooks 2024 Comparison

NerdWallet’s accounting software ratings favor products that are easy to use, reasonably priced, have a robust feature set and can grow with your business. Learn more about how we rate small-business accounting software. Xero and QuickBooks are both great accounting...

How Long to Keep Financial Documents

Digitizing your records is also a great way to avoid accidentally tossing them in a move or an overzealous fit of spring cleaning. Plus, let’s not forget that paper records can fade, and are susceptible to damage. If your bank doesn’t have online banking, it’s best to...

What Is Depreciation? Definition, Types, How to Calculate

If you can depreciate the cost of computer software, use the straight line method over a useful life of 36 months. This method lets you deduct the same amount of depreciation each year over the useful life of the property. To figure your deduction, first determine the...

What To Look For When Hiring An E-Commerce Tax Accountant

Students can also take advantage of the school’s five-year combined bachelor’s and MBA program. The bachelor’s in accounting includes all the prerequisites for the MBA degree, which helps shorten the completion timeline for the master’s program...