Resources

What to Do If You’re the Subject of a Sales Tax Audit (and 4 Steps to Avoid One)

July 13, 2022

After the U.S. Supreme Court’s 2017 decision in South Dakota vs. Wayfair, many states quickly enacted laws resembling South Dakota’s to collect sales tax on remote purchases.  While physical nexus remains the first consideration in…

Read More
2022 Business mileage reimbursement

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 prices nationwide. The new rates to calculate the deductible costs…

Read More
joint ventures in construction

Accounting for Joint Ventures: What’s Involved When Working With Multiple Construction Firms

June 14, 2022

Construction companies regularly pursue joint ventures to win larger contracts and manage bigger projects. In an economic downturn, they can be a useful option for companies that need additional resources and capital, want to share…

Read More

Informed Project Forecasting Can Take the Sting Out of Inflation

June 10, 2022

Record levels of inflation are weighing on the construction industry when contractors are already feeling the squeeze from labor and supply shortages. According to Associated General Contractors analysis, contractors are seeing staggering increases in construction…

Read More

It’s Time to Re-examine the Pros, Cons of Cryptoassets

May 19, 2022

From Super Bowl commercials to teenage NFT millionaires — and even Elon Musk’s support of the dog meme-inspired currency Dogecoin — cryptoassets have been making a play for mainstream acceptance. By the end of 2021,…

Read More

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 phone lines with questions and concerns. But the 2022 filing…

Read More

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 and tax returns. Yet one scammer going after your company…

Read More

How to shore up your financial reporting to get ready for IIJA-funded jobs

April 5, 2022

Since the passage of the $1.2 trillion federal Infrastructure Investment and Jobs Act (IIJA) in November 2021, construction companies have been scrambling to prepare for a tidal wave of IIJA work. But what will companies…

Read More

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 because they allow you to keep tabs on what’s happening…

Read More

How “Build Back Better” tax changes could affect attorneys

March 8, 2022

The proposed Build Back Better Act could increase federal revenues by roughly $1.7 trillion to fund social investments, including health care, education, and childcare over the next decade. To pay for these programs, the Build…

Read More

How can we help you?

We offer tax return preparation, financial statements, bookkeeping, consulting and a variety of other services for companies and individuals throughout the San Joaquin Valley and beyond.