By SANDY SCRAGGJuly 14, 2020
LITTLE FALLS, NJ -- With tomorrow being the rescheduled Tax Day of 2020, we share this piece of business advice from Walter Pardo, CEO of WFP Tax Partners.
The GAAP formula, otherwise known as the Generally Accepted Accounting Principle, is used for determining a business’s profit.
The formula is sales - expenses = profit. It’s simple, logical and clear. The formula, while ...