Tag: management

business services from sterling accounting

Accounting Services Your Business Can Depend On

business services from sterling accounting 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!

bill nye the science guy sues disney

“Bill Nye the Science Guy” Takes On Disney Over Accounting And Profits

bill nye the science guy sues disney “Bill Nye the Science Guy” is taking the fight to Disney, according to Variety, claiming the media giant withheld $28 million in profit from the TV science host due to accounting mistakes…

“According to the lawsuit, Nye grew suspicious in 2008 when Disney told him he owed the studio almost $500,000 because of a whopping “accounting error.” The company sent him $585,123 for his annual profit participation in April of that year, but in July asked him to send back $496,111 because of the claimed error…” [ Read more here ]

irs loosens retirement rules for harvey victims

IRS Loosening Retirement Plan Rules For Harvey Victims

irs loosens retirement rules for harvey victims The devastation in South East Texas on account of Hurricane Harvey has residents and neighbors working day and night to dry out and recover what they can. The IRS has loosened some retirement plan rules to help with the hardships being endured…

“The Internal Revenue Service granted additional relief to victims of Hurricane Harvey on Wednesday by allowing 401(k)s and other employer-sponsored retirement plans to give loans and hardship distributions to aid them without incurring penalties…” [ Read more here ]

revenue reporting accounting changes - sterling accounting

New Accounting Rules Looming Over Revenue Reporting

revenue reporting accounting changes - sterling accounting New accounting rules are looming for businesses and corporations, which is causing a stir for many as their revenue reporting methods are being overhauled. “The U.S. Financial Accounting Standards Board, known as FASB, imposed the new rule because it wanted financial statements to more accurately depict the timing, uncertainty and volatility of doing business. The rule will align a company’s booking of revenue with the sales of products and services…” [ Read more here ]