Audit opinions: How your financial statements measure up Audit opinions differ depending on the information available, financial viability, errors discovered during audit procedures and other limi... Read More
You might save tax if your vacation home qualifies as a rental property Do you own a vacation home? If you both rent it out and use it personally, you might save tax by taking steps to ensure it qualifies as a r... Read More
2018 Q4 tax calendar: Key deadlines for businesses and other employers Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2018. Keep in mind tha... Read More
Volunteers are assets nonprofits must protect How much are your volunteers worth? The not-for-profit advocacy group Independent Sector estimates the value of the average American volunt... Read More
Do you need to make an estimated tax payment by September 17? To avoid interest and penalties, you must make sufficient federal income tax payments long before your April filing deadline through withho... Read More
Beware of unexpected tax liabilities under new accounting and tax rules! The Tax Cuts and Jobs Act (TCJA) contains a provision that ties revenue recognition for book purposes to income reporting for tax purposes,... Read More
Keep it SIMPLE: A tax-advantaged retirement plan solution for small businesses If your small business doesn’t offer its employees a retirement plan, you may want to consider a SIMPLE IRA. Offering a retirement pl... Read More
Back-to-school time means a tax break for teachers When teachers are setting up their classrooms for the new school year, it’s common for them to pay for a portion of their classroom s... Read More
Identifying and reporting critical audit matters For over 40 years, the Securities and Exchange Commission (SEC) has required only a simple pass-fail statement in public companies’ a... Read More
Make a licensing agreement work for your nonprofit Licensing your not-for-profit’s name to a for-profit company can provide a valuable new revenue source — but it can also be ris... Read More
Audit opinions: How your financial statements measure up
