Tag: Business Advisory

Does your company use an external accountant to prepare its financial statements? There are several services CPAs offer that provide different levels of assurance. This term refers to how much confidence lenders and other stakeholders Read More

July marks the halfway point of the year and is generally an ideal time for manufacturers to assess their tax situation and plan appropriate strategies for reducing their 2024 tax liability. Bearing in mind that Read More

For many businesses, such as retailers, manufacturers and contractors, strict inventory control is central to operations. If you don't track inventory accurately, you can't effectively produce goods, meet customer demand and realize profits. Let's say Read More

Summer is a good time to take stock of how your small business is doing this year and consider options for reducing your 2024 federal income tax bill. Thankfully, it appears there won't be any Read More

Creating a comprehensive and actionable succession plan is rarely easy for business owners. It's certainly a challenge for most contractors, who may find it difficult to step away from the day-to-day hustle and bustle of Read More

Business plans aren't only for young companies seeking initial financing. They can also help established companies make strategic decisions and communicate with lenders and investors when they seek new capital infusions. Here's an overview of Read More

Working capital management is a top priority for businesses today. Consulting firm The Hackett Group's 2023 Working Capital Survey reports that many companies are carrying high amounts of working capital on their balance sheets — Read More

Some business owners may be considering donating corporate stock to charities in 2024. Donations of public stocks are generally easy to value because their prices are listed on public stock exchanges. But valuations of private Read More

QuickBooks Desktop Subscriptions Discontinued: What It Means for Your Business Moving Forward Intuit has announced that after July 31, 2024, they will discontinue new subscriptions for several QuickBooks Desktop products in the US, including: QuickBooks Read More

When manufacturers buy, build or improve their facilities, it involves a substantial investment. But these expenses generally can't be immediately deducted for tax purposes. Fortunately, there may be another approach that will allow you to Read More