Public vs. private companies: When should different accounting rules apply?
Small private companies often criticize the Financial Accounting Standards Board (FASB) for writing overly complex standards that focus on the need
Read MoreBlockchain may soon drive business worldwide
“Blockchain” may sound like something that goes on a vehicle’s tires in icy weather or that perhaps is part of that vehicle’s engine.
Read MoreHaven’t filed your 2017 income tax return yet? Beware of these pitfalls
The federal income tax filing deadline is slightly later than usual this year — April 17 — but it’s now nearly upon us.
Read MoreA net operating loss on your 2017 tax return isn’t all bad news
When a company’s deductible expenses exceed its income, generally a net operating loss (NOL) occurs.
Read MoreInternal control testing: What role does sampling play?
Auditors must test the effectiveness of internal controls before signing off on your financial statements.
Read MoreA total return unitrust can help maintain family harmony
A traditional trust can sometimes create a conflict between the lifetime and remainder beneficiaries.
Read More3 ways to supercharge your supervisors
The attitudes and behaviors of your people managers play a critical role in your company’s success.
Read MoreYou still have time to make 2017 IRA contributions
Tax-advantaged retirement plans like IRAs allow your money to grow tax-deferred — or, in the case of Roth accounts, tax-free.
Read MoreShould you file Form SS-8 to ask the IRS to determine a worker’s status?
Classifying workers as independent contractors — rather than employees — can save businesses money and provide other benefits.
Read MoreWhat is Blockchain?
Many people have heard the term blockchain but don’t know exactly what it is.
Read MoreCan you claim your elderly parent as a dependent on your tax return?
Perhaps. It depends on several factors, such as your parent’s income and how much financial support you provided.
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