News & Insights
News
Insights
Recent Posts
- Repair or Improvement: Does the Distinction Matter Under Current Tax Law?
- Restructure Your Nonprofit with Confidence
- Which Products Really Drive Your Business’s Profits?
- IRS Releases Guidance on the Paid Family and Medical Leave Tax Credit
- Plan Before Expanding Your Nonprofit’s Staff
- The Business Lifecycle Part 5: The Expansion Stage
- Worker Misclassification Can Carry Serious Consequences
- Take Control of Working Capital
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Balancing Financial Reporting Needs With Compliance Costs
Issuing financial statements that comply with U.S. Generally Accepted Accounting Principles (GAAP) requires significant time, expertise and resources. Although lenders and other stakeholders often prefer — or require — GAAP…
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Accounting for Business Combinations
Mergers and acquisitions (M&A) provide growth opportunities. But these transactions also introduce accounting complexities. Here’s a closer look at the rules for reporting business combinations under U.S. Generally Accepted Accounting…
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Behind on Bookkeeping? Here’s How to Get Back On Track
Running a business requires juggling countless responsibilities. Not surprisingly, bookkeeping tasks often end up on the bottom of to-do lists. The good news is that falling behind doesn’t necessarily mean…
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Rethink Inventory Management
For many businesses, inventory is one of the largest and most expensive assets to maintain. Beyond the cost of purchasing goods, businesses incur ongoing expenses related to storage, labor, insurance,…
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Self-Employed? Don’t Overlook Valuable Tax Deductions
If you’re self-employed, you probably have questions about deducting business expenses on your federal income tax return. Here’s a quick overview of the filing requirements for sole proprietors and independent…