News & Insights
Recent Posts
- Fine-Tune Your Tax Withholding After Filing Your Return
- Cost Segregation Studies Can Reveal Substantial Tax Savings
- Charting the Path Forward: Why Strategic Planning Matters More Than Ever
- The Business Lifecycle Part 2: The Start-Up Stage
- 7 Questions Every Business Owner Should Ask About Their Financial Reporting
- Accountable Plans: A Smarter Way for Nonprofits to Reimburse Expenses
- Tax Mitigation Strategies When Rebalancing Your Investment Portfolio
- Why Business Owners Often Feel “In the Dark” About Financial Performance
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2025 School Update: Section 147g MPSERS 3% Health Care Premium Subsidy
Section 147g allocations have been based on prior year data and were included in districts’ February 2025 State School Aid payments. Districts should begin reimbursing eligible employees with their actual,…
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GASB 101 Calculation: Understanding Inflows, Outflows, and Compensated Absences
GASB Statement No. 101, Compensated Absences, requires that liabilities for compensated absences be recognized for (1) leave that has not been used, and (2) leave that has been used but…
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FAQs About Reporting Subsequent Events
Subsequent events are in the spotlight these days. The Public Company Accounting Oversight Board (PCAOB) recently initiated a project to modernize outdated auditing standards related to these events. The PCAOB…
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Best Practices for Managing Capital Assets in Local Government
By 2003, local governments began reporting capital assets on their financial statements after implementing the Government Accounting Standards Board (GASB) Statement 34. This requirement was intended to help users of…
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Funding Your Business: What Small Business Owners Need to Know About Financing
Running a small business often requires periodic cash infusions, and knowing how to secure the right funding can determine whether your business succeeds or struggles. Let’s explore the three primary…