February 2023
Ask Matt: Are ‘paper losses’ real losses?
If the profit that appears on the income statement translates to actual cash inflow, there’s no issue. For tax purposes, the unrealized loss of $4,000 is of little immediate significance, since it is merely a “paper” or theoretical loss; what matters is the realized loss of $2,000. In behavioral finance, the well-known phenomenon of loss …
7 Best Accounting Software for Photographers in 2024: Moon Invoice
This means that you never miss a beat as you stay connected and continue to access your account wherever you may be right from your mobile device. As a photographer, you’ll find QuickBooks Online Advanced ideal for running your business as it simplifies your book keeping process with its array of features. Join over 1 …
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