If your CFO or controller leaves, what do you do?

Thursday, February 16, 2023
A leadership departure in your accounting department can create turmoil, at least temporarily. However, it also provides an opportunity to assess the department’s performance and create a vision for how...... Read More

When do Secure 2.0 provisions go into effect?

Tuesday, February 14, 2023
A new law was recently signed that will help Americans save more for retirement, although many of the provisions don’t kick in for a few years. The Setting Every Community...... Read More

You can save more for retirement in 2023

Monday, February 13, 2023
How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice 2022-55, the IRS recently announced cost-of-living adjustments that apply to...... Read More

Accounting policies and procedures are essential for nonprofits

Thursday, February 09, 2023
Financial reporting isn’t all about profits. Not-for-profit entities can also benefit from implementing formal accounting processes. From preparing budgets and monitoring financial results to paying invoices and handling payroll tax,...... Read More

Getting the most out of your 401(k) plan

Tuesday, February 07, 2023
Socking away money in a tax-advantaged retirement plan can help you reduce taxes and help secure a comfortable retirement. If your employer offers a 401(k) or Roth 401(k), contributing to...... Read More

The standard business mileage rate increased for 2023

Monday, February 06, 2023
Although the national price of gas is a bit lower than it was a year ago, the optional standard mileage rate used to calculate the deductible cost of operating an...... Read More

We are moving our Lufkin office

Monday, February 06, 2023
We are excited to announce that the Lufkin office will be moving into our new building on February 8-10, 2023, and will be closed for the move.A receptionist will be...... Read More

How to prepare for year-end inventory counts

Thursday, February 02, 2023
How accurate is the amount reported in your company’s perpetual inventory system? To best answer that question, a physical count is essential at year end. Planning tips Though physical counts...... Read More

Consider filing your return early to protect your identity

Tuesday, January 31, 2023
The IRS announced it opened the 2023 individual income tax return filing season on January 23. That’s when the agency began accepting and processing 2022 tax year returns. Even if...... Read More

Be wary of ERC claims that are too good to be true

Monday, January 30, 2023
The Employee Retention Credit (ERC) was a valuable tax credit that helped employers that kept workers on staff during the height of the COVID-19 pandemic. While the credit is no...... Read More