For instance, a 2-for-1 stock split reduces the price of the stock by 50%, but also increases the number of shares outstanding by 2x. The number of shares outstanding increases whenever a company undertakes a stock split. As noted above, outstanding shares are used to determine important financial metrics for public companies. As noted above, […]

First Tax Service, Inc, is a San Jose-based accounting firm that offers bookkeeping solutions to individuals, small businesses, and entrepreneurs throughout California’s South Bay and Silicon Valley. Its bookkeeping services include financial statement preparation, bank reconciliation, general ledger maintenance, and business filings. First Tax Service was founded by tax specialist Dung Nguyen and has been […]

Instead of juggling spreadsheets or using a generic accounting tool that doesn’t fit your needs, these platforms help track billable hours, manage trust accounts, and keep finances in order. Law firm accounting software can be standalone or built into an existing tool. In our 2025 Legal Industry Report, we learned that most law firms use […]

When you pay your employees time and a half, they are being paid 50% more than their regular pay rate. Only non-exempt employees are eligible for time and a half pay according to the Fair Labor Standards Act (FLSA), 22 time and a half which is the federal law that sets all requirements for overtime […]