Don’t Fall for Invoice Fraud Schemes
Middle-market businesses lose an average of almost $300,000 annually to invoice fraud, according to a recent survey by software company Medius and researcher Censuswide. Invoice fraud can be challenging to spot — and even more Read More
Feb 02, 2023
Looking to the Future when Valuing a Business
Historical financial results are only relevant in a valuation to the extent that the business expects to achieve similar results in the coming years. When projecting future economic benefits, it's important to consider expected changes Read More
Feb 01, 2023
Tax Treatment of Debt Forgiveness: Watch Out for Tax Bills Delivered COD
Debtors typically experience a feeling of relief when a creditor agrees to forgive their debt. But that feeling often is replaced by shock and confusion when they learn they owe taxes on so-called "cancellation of Read More
Jan 18, 2023
Optimizing Business Losses
Business losses can happen, whether you're operating a new company that hasn't yet earned a profit or a mature business that's been squeezed by today's volatile economy. While no one likes to lose money, the Read More
Jan 18, 2023
What Business Owners Should Know About Financial Forecasting
Is your business ready to tackle the challenges and opportunities that lie ahead in 2023? Financial statements show how a company has performed in the past. But historical data doesn't necessarily predict future performance, especially Read More
Jan 18, 2023
The Case for a Digital Construction Enterprise
The construction industry has always been all about mobility. Yet many contractors continue to hold on to paper processes that keep employees — and project information — unnecessarily tethered to the front office. The widespread Read More
Jan 18, 2023
Manufacturers: Be Aware of These 3 Business Tax Provisions Currently in Limbo
Are you up to date on the latest tax law changes that could affect your manufacturing business? Barring further legislation, certain key provisions have expired or have begun to phase out. Here are three that Read More
Jan 18, 2023
The Tax Deductible Mileage Rate for Business Driving Increases for 2023
The IRS has announced the 2023 optional standard mileage rates used to calculate the deductible costs of operating a vehicle for business, charitable, medical or moving purposes. Background: If you use a vehicle for Read More
Jan 04, 2023
A Dozen Ways the SECURE 2.0 Law Helps Individuals and Employees
In the waning hours of the 117th Congress, a large government funding bill was passed that includes many provisions that will help Americans save more for retirement. The Setting Every Community Up for Retirement Enhancement Read More
Jan 04, 2023
Expanding Your Nonprofit’s Benefit Offerings
Many job seekers and others assume that not-for-profit organizations offer fewer or less-generous fringe benefits to employees than for-profit companies. But that's not necessarily true. According to a recent survey by the Nonprofit Times, 87% Read More
Dec 14, 2022