Empower Your Business with a Streamlined Month-End Close Process
As a business owner, you face endless, competing priorities. One priority that shouldn’t be overlooked – and that can truly change your business for the better – is the month-end closing of your books. An Read More
Mar 02, 2023
What Are the Most Common Form 990 Mistakes Not-for-Profits Make?
Each year, your non-for-profit organization must carefully determine the proper Form 990 return to file because penalties can be assessed for failing to file the right version. If a form is materially incomplete or the Read More
Feb 16, 2023
LIFO vs. FIFO: Taking Stock of Your Inventory Accounting Method
How inventory is accounted for can have a significant impact on your tax bill if your business involves the production, purchase or sale of products. In some cases — particularly during periods of high inflation Read More
Feb 10, 2023
8 Ways to Insulate Your Construction Company Against Rising Costs
The construction industry continues to face supply chain slowdowns, labor shortages and inflation — though the latter of the three has generally moderated a bit as of late. To monitor and optimally respond to rising Read More
Feb 10, 2023
Key SECURE 2.0 Provisions for Employers
The Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0) includes important changes that will affect employer-sponsored retirement plans and self-employed people looking to save for retirement. Here's an overview of key provisions Read More
Feb 10, 2023
Financial Benchmarking for Success
A comprehensive benchmarking study can provide your business with a healthy start to the new year. By comparing your business's financial performance to competitors — or even itself over time — benchmarking can help identify Read More
Feb 10, 2023
Tax Consequences of Borrowing From a Retirement Plan
If your company has a qualified retirement plan or you have set one up in self-employment -- such as a 401(k), profit-sharing, or Keogh plan -- the participants might be allowed to borrow from their Read More
Feb 03, 2023
What Does SECURE 2.0 Mean for 403(b) Plans?
The SECURE Act 2.0, a follow-up to the SECURE Act of 2019, was enacted in the waning days of 2022. This new law introduces sweeping changes for qualified retirement plans, including 403(b) retirement savings plans Read More
Feb 03, 2023
Tricky Tax Angles to Fringe Benefits
Competition for top-notch workers can be fierce. Your business currently may be understaffed due to a number of factors — including the "Great Resignation" and "quiet quitting" where employees do the bare minimum before eventually Read More
Feb 03, 2023
New Guidance on Safeguarding Crypto Assets
In 2022, the value of the cryptocurrency market — including Bitcoin and Ethereum — tumbled by trillions of dollars. Despite this volatility, many people expect crypto assets to rise in significance in the coming years. Read More
Feb 02, 2023