ESG Audits: Navigating new frontiers in corporate responsibility

Thursday, June 06, 2024
Reporting on environmental, social, and governance (ESG) matters is an increasingly crucial area of corporate compliance. While ESG reporting and disclosure apply primarily to public companies, there are efforts aimed at requiring private companies...... Read More

The Pros and Cons of Turning Your Home Into a Rental

Tuesday, June 04, 2024
If you’re buying a new home, you may have thought about keeping your current home and renting it out. In March, average rents for one- and two-bedroom residences were $1,487...... Read More

Maximize the QBI Deduction Before it’s Gone

Monday, June 03, 2024
The qualified business income (QBI) deduction is available to eligible businesses through 2025. After that, it’s scheduled to disappear. So if you’re eligible, you want to make the most of...... Read More

Should your business change its health care plan for next year?

Friday, May 31, 2024
Open enrollment for most healthcare plans is many months away. That makes now a good time for businesses to consider changing their employer-sponsored coverage for next year, or perhaps to...... Read More

Auditing WIP Today

Thursday, May 30, 2024
External auditors spend a lot of time during fieldwork evaluating how businesses report work-in-progress (WIP) inventory. Here’s why this warrants special attention and how auditors evaluate whether WIP estimates seem...... Read More

Keep These 3 Issues in Mind After You File Your Return

Tuesday, May 28, 2024
The tax filing deadline for 2023 tax returns is April 15 this year. If you need more time, you can file for an extension until October 15. In either case,...... Read More

B2B Businesses: Assess Customer Credit Carefully

Friday, May 24, 2024
Does your company operate in the business-to-business (B2B) marketplace? If so, you’re no doubt aware of the double-edged sword that is customer credit.On the one hand, it’s common practice. Most customers...... Read More

Mind the GAAP: How to ensure transparency when using non-GAAP metrics

Thursday, May 23, 2024
At Financial Executives International’s Corporate Financial Reporting Insights Conference last November, staff from the Securities and Exchange Commission (SEC) expressed concerns related to the use of financial metrics that don’t...... Read More

Some Polk County residents may be eligible for temporary tax exemptions

Wednesday, May 22, 2024
Polk County flooding victims might qualify for temporary property tax exemptions for a portion of the property's appraised value, from the loss date to the end of this year. Other...... Read More

Update on retirement account required minimum distributions

Tuesday, May 21, 2024
If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax required minimum distribution (RMD) rules after reaching a certain age. If...... Read More