There’s still time for small business owners to set up a SEP retirement plan for last year
If you own a business and don’t have a tax-advantaged retirement plan, it’s not too late to establish one and reduce your 2018 tax bill.
Read MoreAutomating your accounting department
Many businesses have adopted robotic process automation (RPA), or plan to do so in the future.
Read MoreNew Accounting Standard
For 2019, there is a new accounting standard (ASC 606) that Baldwin will be implementing that relates to how revenue is recognized.
Read MoreDivide and conquer: How joint cost allocating works
In recent years watchdog groups, the media and others have increased their scrutiny of how much not-for-profits spend on programs vs.
Read MoreWill leasing equipment or buying it be more tax efficient for your business?
Recent changes to federal tax law and accounting rules could affect whether you decide to lease or buy equipment or other fixed assets.
Read MoreAudits hone in on cybersecurity
In 2018, U.S. organizations that suffered a data breach lost an average of $7.91 million as a result.
Read MoreAre your employees ignoring their 401(k)s?
For many businesses, offering employees a 401(k) plan is no longer an option — it’s a competitive necessity.
Read MoreCareful tax planning required for incentive stock options
Incentive stock options (ISOs) are a popular form of compensation for executives and other employees of corporations.
Read MoreBeware the Ides of March — if you own a pass-through entity
Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companie
Read MoreHave you properly substantiated your 2018 charitable gifts?
Donating to charity is a key estate planning strategy for many people.
Read MoreSome of your deductions may be smaller (or nonexistent) when you file your 2018 tax return
While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits or eliminates several itemized deductio
Read MoreWarning! 4 signs your nonprofit is in financial danger
Signs of financial distress in a not-for-profit can be subtle.
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