Category: News

cryptocurrency regulation - sterling accounting

Digital Currencies In The Scope Of Financial Accounting Standards Board

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cryptocurrency regulation - sterling accounting Digital and crypto-currencies have exploded as a go to currency on the web, with their share prices typically skyrocketing shortly after inception. The market has been largely unregulated, but that may change with the Financial Accounting Standards Board (FASB) taking aim at the issue.

“According to Reuters, the FASB – which sets accounting standards for publicly traded US firms – hasn’t yet decided if it will develop new guidelines for companies dealing with bitcoin and other cryptocurrencies. However, the non-profit is apparently assessing whether it should begin that process following a request from the Washington, DC-based Chamber of Digital Commerce…” [ Read more here ]

"no deal" brexit

What Would A “No Deal” Brexit Mean For Businesses?

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"no deal" brexit Worry is still ringing in with Brexit dealing still on the table. But a number of individuals are citing their concerns if the negotiations end in a “no deal” outcome…

“The BCC surveyed 2,400 firms around the UK about their expectations and hopes for Britain’s exit from the EU with only 2% saying that leaving the bloc without a trade deal and reverting to World Trade Organisation rules is a feasible and beneficial outcome for the country…” [ Read more here ]

Contact Sterling Accounting For Your Business Needs, Today!

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Are you spending too much time keeping the books, and not focusing on growing your business? The financial team, at Sterling Tax & Accounting Services, with over 15 years experience is waiting to help you with:

Accounts Receivable, Accounts Payable, Accounts Reconciliation, QuickBooks® Set Up and Training, Small Business Payroll, Processing Small Business Quarterly Tax Reporting, Annual Government Filing, Financial Statements, and More!

Contact the professionals today!

 

Who’s Handling Your Business’s Books?

Posted by Dependable Website Management on

Are you spending too much time keeping the books, and not focusing on growing your business? The financial team, at Sterling Tax & Accounting Services, with over 15 years experience is waiting to help you with:

Accounts Receivable, Accounts Payable, Accounts Reconciliation, QuickBooks® Set Up and Training, Small Business Payroll, Processing Small Business Quarterly Tax Reporting, Annual Government Filing, Financial Statements, and More!

Contact the professionals today!

How Can Insurance Help You Avoid Taxes?

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Insurance Dedicated Funds (IDFs)What is an Insurance Dedicated Fund (IDF)? Many are finding that this practice is a safe way of avoiding some big taxes…

“Many IDFs are owned inside of life-insurance policies, but they can also be held in annuity contracts, which have different tax implications. There’s no official accounting of how much money has been invested, but according to Aaron Hodari, who keeps tabs for Birmingham, Michigan-based Schechter Wealth, it’s at least $15 billion — triple what it was a decade ago…” [ Read more here ]