by Murry Englard, CPA | Dec 8, 2021 | Accounting, Murry Englard CPA
Net income is a business’s profit or loss after deducting all its operating costs. It is also known as “the bottom line,” and it’s the profit left over for owners to take home. Net income might not seem important, but it can tell how well your...
by Murry Englard, CPA | Oct 22, 2021 | Accounting, Murry Englard CPA, Personal Finance, Taxes
It is more important than ever to have a good handle on your finances in today’s world. With the state of the economy and rising costs for everything from groceries to gas, you need to keep track of what you spend so that you can make sure that your money is...
by Murry Englard, CPA | Sep 28, 2021 | Murry Englard CPA, Personal Finance
Estate Plans are a way for one to entrust and provide future stability to their loved ones. While the feeling of protection and relaxation may prevail upon bestowing estate assets to one’s family, it is best to ensure that someone carries out the process correctly. If...
by Murry Englard, CPA | Jul 27, 2021 | Accounting, Murry Englard CPA, Personal Finance, Taxes
Adjusted gross income is utilized to calculate your credits and allowable deduction from your income. It is your pre-tax income (after all deductions and credits) less the tax. If your adjusted gross income goes lower than the threshold amount, you get to deduct the...
by Murry Englard, CPA | Jun 2, 2021 | Accounting, Murry Englard CPA, Personal Finance
Getting a credit card is essential for building your credit, buying a house, renting an apartment, or getting approved for a cell phone. They also often have cash reward and travel reward programs attached to them. When you buy things with a credit card, you...