by Billy Barton | Feb 9, 2023 | Learn Along
Avoid misunderstanding. Avoid confusion. Be a boss and bookmark this one for future reference. Balance Sheet: A report that documents your company’s financial position. Think of the formula as ALE, or Assets = Liabilities + Equity. Costs of Goods Sold: Direct costs...
by Billy Barton | Feb 9, 2023 | Learn Along
Description: Join David Foster & Mark Perlberg CPA as we discussed how to align different 1031 Exchange strategies with your business/investment goals and tax strategies. Together with Dave Foster, Founder and CEO of The 1031 Investor, we shared the many different...
by Billy Barton | Feb 9, 2023 | Learn Along
But the hardest of all…..ding, ding, you guess it! Being BOTH! Let’s say you started a candy-making biz. You probably assumed that you would spend all day making candy. What many of us did not realize was that we would also be spending a lot of time doing...
by Billy Barton | Feb 9, 2023 | Learn Along
You add some stuff, you subtract some stuff and yay, you just bookkeeped (um no, and that is not a word). You know you need it because, well, taxes, but you don’t know how to actually do it. You don’t know how to take all of that adding and subtracting and...
by Billy Barton | Feb 9, 2023 | Learn Along
Hey, guess what? Whatever it is your thinking about, it’s not stupid. We all have dreams. Go chase after them! Billy Barton-Accountant LLC started as a dream! I saw a need in our community for small businesses struggling with financial help. Before I started, much of...
by Billy Barton | Feb 9, 2023 | Learn Along
My Profit & Loss statement says I made money, but where did it all go? Let’s break it down. Have you ever looked at your P&L and it says that your net Income is, let’s say $10,000? Then, you look at your bank account and you definitely do NOT have $10,000!...