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Resources for Accountants

Income tax return – What is it? Easy explanation [Video]

In this video, you’ll learn about income tax returns and the different types of income tax return forms. #incometaxreturn #ITR #wallstreetmojo #incometaxfiling #incometaxreturnforms *Make sure you take an accountant's help before submitting your tax report, as mistakes can lead to errors and notices from the tax department.* Chapters: 00:00 – Introduction 00:38 – What is Income tax 00:50 – What is an Income tax return or ITR? 02:02 – Different types of ITR forms 02: 32 – Comparison chart of ITR forms. 02:43 – What is ITR 1? 03:04 – What is ITR 2? 03:28 – What is ITR 3? 03:45 – What is ITR 4? 04:05 – Conclusion In 2021, the Indian government collected around 14 lakh crore rupees in income taxes. Income tax returns are like the bread and butter of chartered accountants. Every year, we have to pay income tax to the government, and we do that …

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Resources for Accountants

Negotiation Skills: How to Prepare for Successful Negotiations [Video]

Negotiating is a valuable skill that can help you achieve your goals in various aspects of life, from business deals to personal relationships. To excel in negotiations, it's crucial to be well-prepared. This guide will walk you through the steps to prepare effectively for successful negotiations.Get free business and management guides, tools, and worksheets at: https://www.bizmove.com

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Resources for Accountants

P&L Presentation Type based on your Audience (Natural Account vs. Functional) [Video]

Before compiling the P&L, you need to decide on the type of presentation (based on your audience): Natural Account, Functional or Hybrid. Free P&L Template shown in video: https://thefincontroller.com/p/types-of-incomestatemet-presentation Enroll in the FP&A Academy: https://controller-academy.com/courses/fpa-academy Time Stamps: 00:00 Intro 01:28 Company Profile 02:17 1. Natural Account P&L 04:26 2. Functional P&L 05:38 3. Hybrid P&L 09:08 How To Setup in NetSuite 10:29 How To Setup in QuickBooks Online ----------------------------------- Hang Out with me on social media: 📸 https://www.instagram.com/the_financial_controller/ 📱https://www.tiktok.com/@thefinancialcontroller https://www.linkedin.com/in/bill-hanna-cpa-7653a851/ DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week! All views expressed on my channel are mine alone. Not intended as financial or professional advice

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Resources for Accountants

Entrepreneurship Mistakes from Hell | How to Start a Startup [Video]

Embarking on the journey of entrepreneurship is akin to riding a roller coaster blindfolded—it's exhilarating, unpredictable, and fraught with potential pitfalls. While mistakes are an inevitable part of the entrepreneurial journey, some are more catastrophic than others. These "mistakes from hell" can derail even the most promising ventures, leaving entrepreneurs reeling and searching for ways to recover. Let's explore some of these missteps that have the potential to turn an entrepreneurial dream into a nightmare.