Category: Newsletters

Entrepreneurs and others who work for themselves are often on the hook for significant federal self-employment (SE) tax, in addition to federal and state income taxes. Here are the answers to some common questions about Read More

Years ago, employers could exclude part-time employees — those who work less than 1,000 hours per year in the business — from participating in 401(k) plans. That was before the Setting Every Community Up for Read More

While cash flow best practices apply across all types of businesses, there’s added difficulty for businesses that experience dramatic fluctuations in sales and cash flow due to the seasonal or cyclical nature of their products Read More

Artificial intelligence (AI) has been around for years. In November 2022, however, the technology became more broadly used by the general public with the advent of Chat Generative Pre-Trained Transformer (ChatGPT). This conversation bot uses Read More

In a perfect world, initial project estimates would match actual costs at the end of every job — with no hint of cost overruns or profit fade. But, let's be honest, that hardly ever happens. Read More

Manufacturing 4.0, sometimes called "Industry 4.0," refers to the digitalization of manufacturing. That means the integration of traditional manufacturing processes and practices with cutting-edge "smart" technology. How might Manufacturing 4.0 benefit your manufacturing company? According Read More

A new rule proposed by President Biden and released by the U.S. Dept. of Labor (DOL) in August would result in an estimated 3.6 million additional workers qualifying for overtime pay — even though they're Read More

Some taxpayers may be unaware of all the federal tax reporting requirements for cryptocurrency transactions — especially when it comes to issuing and receiving a Form 1099 for 2023. If you buy something with cryptocurrency, Read More

Intangible assets have become increasingly vital to the value of many companies. While their benefits may be obvious to business owners, their tax treatment often isn't. Taxpayers may be surprised by the expansive IRS definition Read More

A role of CPA's is to act as "gatekeepers," emphasizing their responsibilities for identifying fraud risks and detecting material misstatements in the financial statements. These responsibilities are currently at the forefront due to changes to Read More