Get your piece of the depreciation pie now with a cost segregation study If your business is depreciating over a 30-year period the entire cost of constructing the building that houses your operation, you should ... Read More
Going concern disclosures today With the COVID-19 pandemic well into its second year and the start of planning for the upcoming audit season, you may have questions about ... Read More
4 ways to refine your cash flow forecasting Run a business for any length of time and the importance of cash flow becomes abundantly clear. When payroll is due, bills are piling up an... Read More
Remind your sales team about the power of storytelling Everyone loves a story. It’s why movies are still big business and many of us spend hours on the couch binge-watching our favorite te... Read More
New per diem business travel rates became effective on October 1 Are employees at your business traveling again after months of virtual meetings? In Notice 2021-52, the IRS announced the fiscal 2022 &ldqu... Read More
Nonprofits shouldn’t venture abroad without a map Budgetary shortfalls may have your not-for-profit looking for new sources of support. If those sources are international, be careful. Activ... Read More
Vacation home: How is your tax bill affected if you rent it out? If you’re fortunate enough to own a vacation home, you may want to rent it out for part of the year. What are the tax consequences? ... Read More
10 financial statement areas to watch for COVID-related effects The COVID-19 pandemic is still adversely affecting many businesses and not-for-profit organizations, but the effects vary, depending on the... Read More
Related-party transactions draw attention from auditors Related-party transactions and financial connections are a normal part of operating a business. But these arrangements have gotten a bad ra... Read More
Keep nonprofit board meetings short and sweet Whether your not-for-profit is continuing to hold videoconference board meetings or is back to in-person gatherings, you don’t want t... Read More