Preparing Accurate Journal Entries for Your Law Firm

Retainers come in several flavors—true retainers, evergreen retainers and security retainers—each carrying its own accounting treatment. For security retainers, the firm records the receipt as a trust liability rather than revenue. Journal entries should reflect the correct classification on day one, followed by periodic adjustments as fees are earned and transferred from trust to operating…

Sell My House: Essential Tips to Maximize Value and Speed Up Your Sale

Selling a house can feel overwhelming, but it doesn’t have to be. Whether it’s a need for a change or a desire to cash in on a good investment, many homeowners find themselves asking, “How do I sell my house quickly and efficiently?” Understanding the process is key to a successful sale. From setting the…

Accessible Typography: The 13 Greatest Fonts For Accessibility

Legibility is arguably an important factor in choosing a font. Think about how your message might be delivered – on a billboard or a enterprise card – and ensure your font is readable in fashion and dimension. Tahoma is one other sans-serif typeface created for Microsoft. Fonts must maintain the readers fascinated so when you use…

How to Safely Wean Yourself off Alcohol Dependency

However, remember that every individual is different, and what works for one person may not be safe for everyone. It’s crucial to consult with a healthcare professional before starting an alcohol tapering plan. While tapering off alcohol can be an effective self-treatment strategy, it’s important to note that what works for one person may not…

What is Income Smoothing and why do businesses use it?

Or, a company might alter the way it provisions for future option payments to its employees. Income smoothing is typically achieved by shifting revenue and expenses between periods. For example, a business may defer recognizing income in a profitable year to future years, or accelerate the recognition of expenses in a less profitable year. In…