Businesses are allowed to write off tax-deductible expenses on their income tax returns to lower their taxable income and thus their tax liability. However, the Internal Revenue Service (IRS) has strict rules on which expenses businesses are allowed to claim as a deduction. Furthermore, indirect costs stay constant and do not fluctuate with a company’s volume of […]

Because Walmart sells a huge volume of items and pays upfront for each unit it sells, its cost of goods sold increases as sales increase. Operating leverage is a cost-accounting formula (a financial ratio) that measures the degree to which a firm or project can increase operating income by increasing revenue. A business that generates sales […]

Whether you prefer daily, weekly, monthly, or annual bookkeeping, we offer flexibility based on your availability. Our goal is to adapt to your schedule, ensuring seamless and efficient bookkeeping services. Accounting Pros specializes in supporting clients in unique environments- with over 25 years of accounting and tax experience, we’ve helped thousands of businesses grow and […]