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The IRS has announced the 2023 optional standard mileage rates used to calculate the deductible costs of operating a vehicle for business, charitable, medical o...
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.
A Dozen Ways the SECURE 2.0 Law Helps Individuals and Employees
Jan 04, 2023In 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 retir...
Expanding Your Nonprofit’s Benefit Offerings
Dec 14, 2022Many job seekers and others assume that not-for-profit organizations offer fewer or less-generous fringe benefits to employees than for-profit companies. But th...
Succession Planning Considerations for Construction Business Owners
Dec 14, 2022Construction company owners are great at completing projects, but many struggle to properly build a succession plan. Even if your retirement is decades away, it...
8 Compelling Reasons to Outsource Your Accounting Functions
Jun 19, 2025Is your company struggling to tackle all its accounting needs? Companies that have lost a CFO, outgrown their bookkeeper, changed their offerings or experienced...
Wrap the Year Up with Focus on the Long Game
Dec 07, 2022As another challenging year comes to a close, all signs point to more bumps in the road in 2023 – at least for the next quarter or two. So what can you do to ...
Ohio Tax Benefit for S-Corp and Partnership Owners
Dec 02, 2022What changed? For the last 5 years, federal tax deductions for state and local taxes were limited to $10,000 for individuals. For owners of Ohio pass-through en...
Prevent Fraud at Your Construction Company With a Holistic Approach
Nov 30, 2022Most experts would agree that the best way to minimize fraud at any company, including a construction business, is to take a holistic approach. As the owner, yo...
Financial Reporting Check-Up: How Fiscally Fit Is Your Company?
Nov 30, 2022Comprehensive financial statements prepared under U.S. Generally Accepted Accounting Principles (GAAP) include three reports: the balance sheet, income statemen...
The IRS Has Announced Various Tax Benefit Increases for 2023
Nov 30, 2022The IRS recently announced many inflation adjustments for the 2023 tax year. IRS Revenue Procedure 2022-38 provides details about these amounts. Because inflat...
