News & Insights

How to Prepay Expenses Strategically and Report Them Accurately

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In accrual-basis accounting, timing is everything. One core principle of U.S. Generally Accepted Accounting Principles (GAAP) is the matching concept, which requires organizations to recognize expenses in the same period […]

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Corporate Transparency Act Imposes New Beneficial Ownership Information Reporting Obligations

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Effective January 1, 2024, U.S. and foreign entities doing business in the U.S. may be required to disclose information regarding their beneficial owners to the U.S. Department of Treasury’s Financial […]

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Businesses: Do You Have to Comply With the New Corporate Transparency Reporting Rules?

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Your business may soon have to meet new reporting requirements that take effect on January 1, 2024. Under the Corporate Transparency Act (CTA), enacted in 2021, certain companies will be required […]

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Is It Time To Update Your Accounting Practices?

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If you ask some business owners why they do things a certain way, they might answer, “Because we’ve always done it that way.” But with all the changes that have […]

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Key To Your Cannabis Businesses Success: Strategic Cash Flow Model

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Today’s market is witnessing dramatic rising costs for labor and supplies.  To help avoid finding your business in a cash crisis, maintaining and updating a strategic cash flow projection model […]

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