Remove general ledger Remove Tax Remove Transportation
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AUP Inspections and the NYS Film Tax Credit Program

Withum

With New York State progressing towards extending and amending the Film Tax Credit Program, now is the time to make sure you have a trusted advisor who can help you navigate this tremendously beneficial tax credit. How Does the New York State Film Tax Credit Program Work, and Who Is Eligible To Claim the Credit?

Tax 52
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Top Remote Tax and Accounting Candidates of the Week | April 24, 2025

Going Concern

Are you having trouble finding remote accountants, CAS experts, auditors, or tax professionals for your firm or internal team? Accountingfly can assist you! With our Always-On Recruiting service, you can access a pool of top remote accounting candidates without any upfront costs.

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Getting Paid 101: Accounts Payable and Accounts Receivable

xendoo

The actual entries you record in your general ledger differ from business to business. Transportation and logistics. The $1,000 is accounts payable, and you record it in your general ledger by crediting $1,000 on the supplier’s X account. You record it as a liability in the general ledger and balance sheet.

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Optimizing Your Firm’s Overhead Rate

Withum

Items such as employee bonuses, bank fees, and business taxes are often excluded from the overhead rate calculation, when in actuality, a portion of those expenses may be allowable. There are many caveats to bear in mind when preparing the overhead rate calculation and being unaware of allowability rules can lead to overstating disallowances.