Category: Newsletters

Business borrowers aren't just facing higher interest rates today. The terms of new loans have also become more restrictive. Nearly a quarter of senior loan officers reported tighter standards for commercial and industrial loans in Read More

If your not-for-profit focuses most of its fundraising energy on donors who can contribute to your mission and programs now, you may have neglected legacy gifts. Such gifts represent a portion of wealthy donors' estates Read More

On June 22, the Financial Accounting Standards Board (FASB) unanimously voted to add a project to its rulemaking agenda to modernize the accounting and disclosure rules for reporting software costs. Here's an overview of the Read More

If you're a business owner, you may already be familiar with buy-sell agreements. These legal documents set rules for the disposition of owners' business interests should they die, become disabled, get divorced or withdraw from Read More

In today's tough economy, you may find yourself struggling to cover your day-to-day expenses. But rising interest rates are making traditional loans more expensive. In such an environment, you might consider borrowing funds from your Read More

For private business owners who have been hearing about a proposed accounting change for lease accounting, a decade of back-burner speculation has come to an end.  The new accounting standard, also known as “ASC 842,” Read More

A new law that takes effect for tax year 2022 will enable some Ohio business owners to reduce their federal tax bills by avoiding the cap on state and local tax deductions imposed as part Read More

In our latest guide, Build a Better Business by the Numbers, we explore the common pitfalls of profitability and how to avoid the mistakes that will harm your bottom line. Understanding your profitability starts with Read More

Congress has passed the Inflation Reduction Act (IRA) and President Biden signed it into law on August 16. The $740 billion law contains many tax breaks and raises revenue through a new minimum tax on Read More

Your neighborhood ice cream shoppe no doubt operates under a simple fixed price, point-of-sale billing method. Construction companies don't have it so easy. Because of the project-based, decentralized nature of construction work, contractors need to Read More