Applying for a commercial loan with confidence

Friday, May 17, 2024
Few and far between are businesses that can either launch or grow without an infusion of outside capital. In some cases, that capital comes in the form of a commercial...... Read More

How to minimize billing bottlenecks

Thursday, May 16, 2024
Managing accounts receivable can be challenging, especially in an uncertain economy. To keep your company financially fit, it’s a good idea to occasionally revisit your billing and collections processes to...... Read More

How renting out a vacation property will affect your taxes

Tuesday, May 14, 2024
Are you dreaming of buying a vacation beach home, lakefront cottage or ski chalet? Or perhaps you’re fortunate enough to already own a vacation home. In either case, you may...... Read More

Better tax break when applying the research credit against payroll taxes

Monday, May 13, 2024
The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax break available to certain eligible small businesses. Claiming the credit...... Read More

Spotlight on auditor independence

Thursday, May 09, 2024
Auditor independence is the cornerstone of the accounting profession. Auditors’ commitment to follow the standards set forth by the American Institute of Certified Public Accountants (AICPA), the Securities and Exchange...... Read More

Beware of a stealth tax on Social Security benefits

Tuesday, May 07, 2024
Some people mistakenly believe that Social Security benefits are always free from federal income tax. Unfortunately, that’s often not the case. In fact, depending on how much overall income you...... Read More

Tax-wise ways to take cash from your corporation while avoiding dividend treatment

Monday, May 06, 2024
If you want to withdraw cash from your closely held corporation at a low tax cost, the easiest way is to distribute cash as a dividend. However, a dividend distribution...... Read More

How businesses can reinvigorate strategic planning

Friday, May 03, 2024
For businesses, and people for that matter, the beginning of the calendar year can be a bit of a grind. The holidays have passed, summer vacations are relatively far off...... Read More

Livingston Office Closed

Thursday, May 02, 2024
We regret to inform you that our Livingston office will be temporarily closed due to unexpected flooding. We kindly ask for your patience and understanding as we navigate this challenging...... Read More

Cash vs. accrual accounting: What’s the difference?

Thursday, May 02, 2024
Financial statements are critical to monitoring your business’s financial health. In addition to helping management make informed business decisions, year-end and interim financial statements may be required by lenders, investors...... Read More