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 retire...
Spotlight: The One Big Beautiful Bill Act
Learn how the One Big Beautiful Bill Act impacts businesses and accounting practices. Explore insights, resources, and expert analysis on this important legislation.
What Does SECURE 2.0 Mean for 403(b) Plans?
Tricky Tax Angles to Fringe Benefits
Feb 03, 2023Competition for top-notch workers can be fierce. Your business currently may be understaffed due to a number of factors — including the “Great Resignati...
New Guidance on Safeguarding Crypto Assets
Feb 02, 2023In 2022, the value of the cryptocurrency market — including Bitcoin and Ethereum — tumbled by trillions of dollars. Despite this volatility, many people exp...
Don’t Fall for Invoice Fraud Schemes
Feb 02, 2023Middle-market businesses lose an average of almost $300,000 annually to invoice fraud, according to a recent survey by software company Medius and researcher Ce...
Looking to the Future when Valuing a Business
Feb 01, 2023Historical financial results are only relevant in a valuation to the extent that the business expects to achieve similar results in the coming years. When proje...
Navigate to Your Goals with Financial GPS
Jan 20, 2023Few business owners don’t see value in taking time to scrutinize their financial statements, especially at the end of the year. But do they take the time to d...
Is Your Business Ready for Next Level Accounting Services?
Dec 27, 2022In our latest guide, Next Level Accounting Services, you’ll learn the benefits of accounting services that do far more than prepare your taxes and balance the...
Tax Treatment of Debt Forgiveness: Watch Out for Tax Bills Delivered COD
Jan 18, 2023Debtors 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 th...
Optimizing Business Losses
Jan 18, 2023Business 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 b...
What Business Owners Should Know About Financial Forecasting
Jan 18, 2023Is 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...