Online accounting, is the application of online and Internet technologies to the business accounting function. E-accounting is « electronic enablement » of lawful accounting and traceable accounting processes.
Retirement planning, in a financial context, refers to the allocation of savings or revenue for retirement. The goal of retirement planning is to achieve financial independence and joy of the third age.
Cash flow forecasting is important because if a business runs out of cash and is not able to obtain new finance, it will become insolvent. Cash flow is the hearth of all businesses particularly start-ups and small enterprises.
A withholding tax, also called a retention tax, is a government requirement for the payer of an item of income to withhold or deduct tax from the payment, and pay that tax to the government (IRS).
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