Does Your Company Need an In-House Accountant?
This can range from basic bookkeeping to comprehensive financial management services. Partnering with AURA means tapping into a powerhouse team of accounting professionals, fractional controllers, and CFOs dedicated to supporting your business at every stage of growth. While in-house accounting offers control and oversight, it can also be expensive and require careful management. The financial […]
Depreciation Tax Shield Calculation
The value of a tax shield is calculated by multiplying the tax rate by the amount of the expense or cost being deducted. For example, if a company has a tax rate of 30% and deducts $10,000 in business expenses, the tax shield would be worth $3,000 (30% of $10,000). Examples of tax shields include […]