Accounting Accuracy Staff

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So far Accounting Accuracy Staff has created 15 blog entries.

What Is Reasonable Compensation

Reasonable compensation refers to the amount of compensation paid to an employee or owner that is considered reasonable and appropriate for the services they provide, given their role, responsibilities, and the market value of their services. For [...]

By |2023-09-09T02:33:39-04:00March 27, 2023|

How is an Airbnb taxed?

Airbnb rental income is considered taxable income and must be reported on your tax return. Here's a brief overview of the tax implications for Airbnb rentals: Federal income tax: Airbnb rental income is subject to federal income [...]

By |2023-09-09T02:36:10-04:00March 19, 2023|

Why Establish A Company In Delaware?

There are several reasons to establish a company in Delaware: 1. Favorable corporate law: Delaware has a business-friendly legal system with well-established case law, making it a popular choice for incorporation. 2. Efficient incorporation process: Delaware has [...]

By |2023-09-09T02:38:47-04:00February 23, 2023|