Can I expense inventory when I purchase it?

Can I expense inventory when I purchase it?

Probably not. One of the most misunderstood concepts out there involves how to account for inventory costs. What is cost of goods sold? Do I have to calculate it? I get these questions all the time. I’ve also frequented forums on ebay, amazon, and etsy to read the...

2016 Tax Letter

Happy New Year! It’s tax time!! …awkward silence… Okay, I will make this brief. You are receiving this letter because I either helped to prepare your taxes last year or you reached out to me during 2016. Below is everything you need to know about pricing, documents I...
NYDCPA 2.0

NYDCPA 2.0

Notyourdadscpa.com has been undergoing a slight upgrade. I am excited to be building my business and working with all sorts of amazing different people!