Bill Kimball

Bill Kimball
Bill Kimball has over thirteen years of experience in public accounting and provides audit and assurance services to both public and private businesses in a variety of industries including petrochemical, healthcare, hospitality, restaurants, not-for-profit, settlement trusts and employee benefit plans.
Expansion And Contraction Of Demand Are Referred To As The

Expansion And Contraction Of Demand Are Referred To As The

September 5, 2023

During the holiday season immediately preceding the flu season, there are often reductions in supply due to staff requests for time off for the holidays. Fortunately, demand usually decreases during this time as well. However, the pre-holiday reduction in supply can create a backlog of future appointments just as the practice heads into the …

Annual Tax Planning Resources For Businesses And Individuals

Annual Tax Planning Resources For Businesses And Individuals

September 5, 2023

However, when businesses reorganize, they must pay a one-time restructuring charge, as Investopedia explains. For example, if you know you are heading back to school soon and will need a loan to pay your tuition, it may be better to take out a student loan rather than using a credit card. This is because you can deduct the interest that …

3 Ways To Do Time Value Money Calculations

3 Ways To Do Time Value Money Calculations

September 5, 2023

So, if Dad needs the $20,000 in 10 years and can invest what he has for five percent, let’s find out how much he needs to invest today. Try it now It only takes a few minutes to setup and you can cancel any time. Compounding, another word for future value, occurs when interest is paid on interest. To use the function in the worksheet, …

Compare Economic Cost And Accounting Cost

Compare Economic Cost And Accounting Cost

September 5, 2023

The goal of calculating your accounting costs is to know exactly how much you’re spending or projected to spend, so it’s important to include all business expenses. Basically, implicit costs are the opportunity costs of factors of production that a business already owns. And, implicit costs are what the company would give up to …

How To Calculate Your Adjusted Gross Income

How To Calculate Your Adjusted Gross Income

September 5, 2023

91–172, set out as an Effective Date note under section 1379 of this title. 93–406, set out as a note under section 402 of this title. 93–406, set out as an Effective Date note under section 219 of this title. 94–455, set out as a note under section 2 of this title. 95–615, set out as a note under section 911 of this title.

At what age is …

Operations Management For Dummies Cheat Sheet

Operations Management For Dummies Cheat Sheet

September 5, 2023

Figuring out what the customer actually wants and delivering it is everything in business . Continuously improving the quality of processes is necessary to keep up with changing customer expectations. Better quality can also reduce waste and improve profitability. In this section we tell you exactly what operations management is — and what …