Tag: Business Advisory

The IRS has released proposed regulations that provide guidance for manufacturers on the implementation of the Advanced Manufacturing Investment Credit. The credit, created by the Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act, encourages manufacturers Read More

Employers and employees are often at odds over the issue of overtime pay. Naturally, employers are inclined to argue that an employee isn't entitled to overtime pay when it would boost the overall compensation that Read More

Construction companies continue to find themselves embroiled in a protracted battle for skilled labor. One fundamental way to recruit the best talent and retain valued employees is by offering competitive compensation and benefits. Let's focus Read More

In early March, Silicon Valley Bank (SVB) and Signature Bank unexpectedly collapsed. They became the second and third largest bank failures in U.S. history, respectively. The largest collapse involved Washington Mutual in 2008, precipitating the Read More

The banking industry is reporting a significant increase in account fraud. A high number of instances are being reported where scammers reach out to businesses via email posing as a client or vendors informing them Read More

Solid accounting is the cornerstone of growing a business. Yet many small and mid-sized businesses do without key financial insights because they think their needs are not big enough to justify the expense of hiring Read More

While your P&L paints a broad picture of financial viability, it may not be telling you the whole story. Too often, businesses have a financial reporting structure that makes it difficult to identify what’s driving Read More

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

Few 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 do so? And when you, or your Read More

Comprehensive financial statements prepared under U.S. Generally Accepted Accounting Principles (GAAP) include three reports: the balance sheet, income statement, and statement of cash flows. Together these reports can be powerful diagnostic tools to help evaluate Read More