Questions

What is the difference between Gross Profit and Net Income?

What is your true hourly rate?

Where would you find what cash your company actually spent during the periods shown on a Cash Flow statement?

What could be the cause for cash flow being low when sales are strong?

If you use the standard mileage rate, you may also deduct parking fees, toll and Interest incurred to purchase the vehicle.

Employee Jay travels out of town to work on a customer’s premises a half hour from the hotel. He must travel half an hour from the site to eat. Is this travel includable in the meals and incidentals per diem?