Taxes are a constant for any business. They come due every year, whether you have a profitable year or are in times of economic downturn. Planning for your taxes is an important business function, as…
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During the uncertainty of the pandemic in 2020, the Financial Accounting Standards Board (FASB) granted a temporary reprieve for private companies, delaying their deadline for implementing new lease accounting practices. If your construction firm is…
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Job costing is the backbone of any construction project’s profitability, and how well you manage this process can make or break the bank on a project. However, construction companies often struggle to properly job cost…
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Remote work has been a hot topic for the past several years. Since workplaces were strongly encouraged to allow non-essential employees to work from home in 2020, remote work has become an even bigger discussion.…
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The last few years have afforded quite a few changes in how the IRS allows businesses to handle meal and entertainment costs in relation to their taxes. The 2018 Tax Cuts and Jobs Act (TCJA)…
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Buying property and selling after it’s appreciated is a wealth-building strategy that has been around for centuries. It’s even better if that property can make you money, say through rental income. If you’ve been considering…
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Fresno, California – July 1, 2021 — Malcolm Dedekian, Managing Partner of Dedekian, George, Small & Markarian Accountancy Corporation, is pleased to announce the promotion to partner of Paul Davison effective July 1, 2021. Mr. Dedekian noted the significant contributions Paul has made as a staff accountant, senior accountant, supervisor, and manager at the…
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During the uncertainty of the pandemic in 2020, the Financial Accounting Standards Board (FASB) granted a temporary reprieve for private companies, delaying their deadline for implementing new lease accounting practices. If your construction firm is…
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Have you ever started a project, only to realize that you’re short cash to pay for the supplies until your last project pays out? Or, you’re having to move funds from your personal account to…
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Cryptocurrency, a type of virtual currency that utilizes cryptography to validate and secure transactions digitally recorded on a distributed ledger, such as a blockchain, has been on the rise over the past several years. ‘ Approximately 14 percent of Americans…
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