Manufacturing

Common Control Entities and Lease Accounting Methods

April 23, 2023

The new lease accounting methods have been an important topic for businesses over the last few years. Determining if an enforceable lease exists is an…

Secure Act 2.0 Updates Retirement Plans Starting in 2023

January 12, 2023

The new Secure Act 2.0 legislation expands upon the Secure Act of 2019 with updates to retirement savings plans across the country. Here’s what you…

I Bonds Can Help You Tackle Inflation, But You Must Know the Rules

August 15, 2022

With inflation rates reaching historical highs and driving up the cost of doing business, business owners are seeking out creative ways to fight inflation. The…

Are You Up to Date on Travel Deductions as Business Travel Returns?

July 13, 2022

Business travel is back.   COVID restrictions have eased, and in-person conferences are back on the calendar. And as more people return to offices, companies are…

Don’t Overlook Cyber Insurance to Protect Cloud-Based Accounting

July 13, 2022

Technology has long made accounting easier, from the first adding machines to electronic spreadsheets to today’s cloud computing ecosystem. While recent advancements have allowed business…

IRS Increases Mileage Rates Reimbursements for Second Half of 2022

June 14, 2022

The Internal Revenue Service will raise the optional standard mileage rate for the final six months of 2022 to help offset the rise in gas…

Navigating the IRS Backlog

May 3, 2022

The start of a new tax filing season often brings with it longer hold times with the IRS, as taxpayers and their tax preparers inundate…

3 Ways to Protect Your Business from Fraud and Scams

April 19, 2022

Business owners spend a lot of time and effort ensuring their operations run smoothly, from delivering quality goods and services to providing accurate financial statements…

KPIs to Keep Your Business Profitable

March 23, 2022

Many businesses develop a list of key performance indicators (KPIs) to track profitability and spot issues before they become full-blown problems. Monitoring KPIs is essential…

Don’t forget about the Work Opportunity Tax Credit

February 9, 2022

Note: Congress is considering proposals that could expand the Work Opportunity Tax Credit for certain qualified groups. We will monitor this development and communicate updates…