Monthly Archives: May 2018

How is Blockchain Technology Affecting Accountancy

Since the invention of the blockchain technology with Bitcoin, accounting has never been the same. Blockchain deals with the transfer of ownership of assets as well as maintaining accurate financial information on ledgers. Even though that explanation is quite basic it goes to show that the accountancy field is going to be directly affected by […]

The Accounting Differences Between an LLC, C-Corp and S-Corp Tax Structure

When registering a business the owner has different ways on how to setup their accounting and tax structure. Most businesses start out as sole proprietorship or partnerships and then eventually choose another structure in order to save money on taxes. Business owners can choose whether to¬†register as a limited liability company (LLC) or a corporation¬†and […]