Unlike standard medical costs, IRWEs are not subject to the 7.5% AGI floor. They are fully deductible as business expenses, providing a dollar-for-dollar reduction of your taxable income. Mortgage interest, real estate taxes, and casualty losses are deductible…
We transform complex financial numbers into easy data, making you focus on your business without any worry. Based in Irving, Cadoli Multi-Services, LLC is an accounting consultant founded in 2005. The company specializes in notary public, bookkeeping, and…
This is in contrast to law firm accrual accounting which records revenue and expenses when transactions happen, but before cash is received. The cash accounting method records transactions only when money is received or spent. In contrast, the…