What is Reconciliation in Accounting?

Reconciliation is the process of comparing two sets of records—such as the general ledger and bank statements—to ensure that every transaction is accurately recorded. At High Impact CPA, we rely on this fundamental control measure to maintain the integrity of our clients’ financial statements and to prevent costly errors or fraud. Regular reconciliation validates that […]
How to Make a Federal Estimated Tax Payment
Check out this quick 5:00 video on how to make an estimated tax payment as an individual taxpayer: IRS Payment Website Link: https://www.irs.gov/payments