April 4, 2024 A General Look At Generative AI For Businesses Generative AI offers a galaxy of promise to innovative businesses. But it’s important to proceed with care when deciding precisely … Read More
April 4, 2024 Auditing WIP Today Are your accounting estimates for work in progress (WIP) inventory reasonable? To find out, your auditors will carefully analyze your … Read More
April 4, 2024 Consider Appointing A Trust Protector If One Isn’t Enough The powers you grant to a trust protector largely depends on the nature of your estate plan, your family’s situation, … Read More
March 27, 2024 Building A Better Nonprofit: Rules For Restructuring Currently, restructuring a nonprofit can be a relatively easy process using IRS Form 990. However, you must first ensure your … Read More
March 27, 2024 Your Financial Statements Are Trying To Tell You Something Business owners: Make sure you’re not tossing your financial statements in a file drawer and forgetting about them. They contain … Read More
March 27, 2024 Update On Retirement Account Required Minimum Distributions The SECURE 2.0 law includes good news about required minimum distributions from tax-favored retirement accounts. But an earlier law contained … Read More
March 27, 2024 Mind The GAAP: How To Ensure Transparency The best metric to gauge a company’s performance may not always be net income or earnings per share, as defined … Read More
March 21, 2024 Don’t Skip Out On Planning For The GST Tax Are you looking for a quick refresher on the generation-skipping transfer tax? We’ve got you covered. Contact us with questions … Read More
March 21, 2024 Nonprofits: Take Another Look At Inflation Reduction Act Tax Breaks You’d be forgiven for ignoring tax breaks contained in the Inflation Reduction Act. After all, they won’t help tax-exempt organizations. … Read More
March 21, 2024 Should Your Business Change Its Health Care Plan For Next Year? Business owners: If you’re thinking about changing your employer-sponsored health care plan, or launching a new one, here are some … Read More
March 21, 2024 President Biden’s Proposed Budget Highlights His Tax Agenda President Biden has laid out his proposals for tax law changes in the fiscal year 2025 budget. Turn to us … Read More
March 21, 2024 How Renting Out A Vacation Property Will Affect Your Taxes Many people who own vacation homes rent them out to earn extra income. Even better, renting them out may provide … Read More
