6 key elements of a business budget

Friday, November 15, 2024
Every business needs a budget, but not every budget looks the same. Some companies have intricately detailed ones, others rely on simple templates generated with off-the shelf software, and still...... Read More

Does your CFO have any accounting skills?

Thursday, November 14, 2024
Is your company planning to hire a new CFO? A recent survey found that hiring managers look for more than financial acumen when vetting CFO candidates. In fact, only 38.5%...... Read More

Make year-end tax planning moves before it’s too late!

Tuesday, November 12, 2024
With the arrival of fall, it’s an ideal time to begin implementing strategies that could reduce your tax burden for both this year and next.One of the first planning steps...... Read More

Help ensure your partnership or LLC complies with tax law

Monday, November 11, 2024
When drafting partnership and LLC operating agreements, various tax issues must be addressed. This is also true of multi-member LLCs that are treated as partnerships for tax purposes. Here are...... Read More

Brand audits can help companies in a variety of ways

Friday, November 08, 2024
A strong brand can help boost revenue, while a weaker one may reduce sales opportunities and stifle growth.Like many business owners, you’ve probably spent considerable time and energy crafting your...... Read More

How implementing strong internal controls and audits can help against data breaches

Thursday, November 07, 2024
The average cost of a data breach has reached $4.88 million, up 10% from last year, according to a recent report. As businesses increasingly rely on technology, cyberattacks are becoming...... Read More

Is your home office a tax haven? Here are the rules for deductions

Tuesday, November 05, 2024
Working from home has become increasingly common. The U.S. Bureau of Labor Statistics (BLS) reports that about one out of five workers conducts business from home for pay. The numbers...... Read More

Reasons an LLC might be the ideal choice for your small to medium-size business

Monday, November 04, 2024
Choosing the right business entity is a key decision for any business. The entity you pick can affect your tax bill, your personal liability and other issues. For many businesses,...... Read More

Business owners sometimes need to switch successors

Friday, November 01, 2024
For many business owners, choosing a successor is the most difficult task related to succession planning. Owners of family-owned businesses, who may have multiple children or other relatives to consider,...... Read More

What are the ABC's of Credits and Debits?

Thursday, October 31, 2024
Bookkeeping fundamentals are essential to accurate financial reporting. Using software solutions — such as QuickBooks®, NetSuite® or Xero™ — can simplify double-entry accounting. However, knowing how the process works can...... Read More