March 2021

Nevada Cannabis CPA Accounting & Tax Services

We can help calculate startup costs and provide a projected income statement for emerging businesses. When claimed on qualified wages, including many insurance costs, paid to employees, the ERTC is a refundable credit available through September 30, 2021. The credit is available for 70% of up to $10,000 per employee per quarter. LV bookkeeping manages 10+ of our companies with total annual revenue of over...

What is Full-time Equivalent FTE & How to Calculate It

ContentPractical Employee Cost TipsWhat is a full-time equivalent employee?Importance of Calculating FTEsExamples of how to calculate FTE for individual employeesCalculating employee costCalculate annual hours workedHow to Calculate FTEs One part-time employee who works ten hours per week and one part-time employee who works 25 hours per week. A full-time equivalent is also useful when evaluating...

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