Sean Ross - Profile and Journalist Details
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Sean Ross
Verified
Chief Executive Officer, 1031x.com, Inc.
Denver
Beats
Biography
Founder and CEO of Free Lances, Ltd., a hub for the web's top freelance copywriters, researchers, and editors. My freelancers are trained as specialists on projects of "special significance" or that require professional-level technical skill. I am former Editor In Chief for Financial Poise, an authority blog and website dedicated towards private business owners, legal advisors, and investors. During my time with Financial Poise, I acted as a private equity journalist in Chicago, IL. Prior to my time at Financial Poise, I spent five years as a freelance financial writer, editor, and columnist. I also work as a director for 1031x.com, Inc., a tax-deferral service for real estate investors.
Trade and trade finance
I don't cover anything if it doesn't have to do with Fashion.
Content
By Sean Ross| businessandamerica.com@ Generally speaking, the Internal Revenue Service (IRS) allows companies to deduct the cost of goods that are used to either make or purchase the products they sell for their business. For accounting and tax purposes, these are listed under the entry line-item cost of goods sold (COGS). This reduction can be a major benefit to companies in the manufacturing or mining sectors that have lengthy production processes and COGS figures that are high.
By Sean Ross| businessandamerica.com@ Accrual accounting is the preferred approach for companies reporting their financial statements under generally accepted accounting practices (GAAP), which are issued through the standards of the Financial Accounting Standards Board (FASB). Accrual accounting requires companies to record sales at the time in which they occur. Unlike the cash basis method, the timing of actual payments is not important.
By Sean Ross| businessandamerica.com@ Generally speaking, the Internal Revenue Service (IRS) allows companies to deduct the cost of goods that are used to either make or purchase the products they sell for their business. For accounting and tax purposes, these are listed under the entry line-item cost of goods sold (COGS). This reduction can be a major benefit to companies in the manufacturing or mining sectors that have lengthy production processes and COGS figures that are high.
Company Info
Denver, Colorado, United States
+1 303-504-0144