The primary difference between the two principal business accounting methods for financial reporting purposes, cash basis accounting and accrual basis accounting, is the point in time when revenue and expenses are recorded. When using the cash basis method, revenue is recorded when payment is received from customers and expenses are recorded when payment is made to vendors […]
Somebody said “the main thing is to keep the main thing, the main thing”. The main objective of this blog is to show taxpayers tax tips that can save taxpayers some tax dollars. Charitable Giving: This is another pretty good way of reducing your tax liability. Taxpayers can generally deduct cash or non-cash charitable donations […]
If you are a new franchisor, you must be aware of not only the federal franchise law that requires disclosure of certain information to a prospective investor in a franchise, but you must also be aware of state franchise laws. FEDERAL FRANCHISE LAW Federal law is governed by the Federal Trade Commission’s Franchise Rule and the […]
According to Benjamin Franklin, in this world nothing can be said to be certain, except death and taxes. There is no doubt in my mind that as a taxpayer, you would like to know a few tax tips that will put some money back into your pocket or save you some tax dollars. These basic […]
It’s said that you never have to worry about being without when you focus on giving to others. Take the focus off yourself and be of service to those around you. It’s a simple concept but do most of us do this on a regular basis? Dr. Ivan Misner, the Founder and Chairman of BNI, […]
What is the difference between a license and a franchise? Many people confuse a trademark license and a franchise. Even attorneys who are not experienced in the niche area of franchise law may find it confusing to differentiate between a trademark license and a franchise. Hopefully this article will help to clarify the difference. TRADEMARK […]
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Doylestown, PA 18901
Phone: 215.343.7730
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Email: sales@coreoutsource.com
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Arlington Heights, IL 60004
Phone: 847.460.8308
Email: sales@coreoutsource.com
