September 15, 2023 FASB Finalizes New Crypto Standard In Record Time Good news: Companies that invest in or exchange cryptocurrency assets will soon be allowed to report them at fair value, … Read More
September 15, 2023 What Are The Pros And Cons Of Custodial Accounts For Minors? If you are looking for a tax-efficient vehicle to save for your child’s higher education costs or for other expenses, … Read More
September 13, 2023 Why Nonprofits Should Be Transparent About Compensation Nonprofits whose states or municipalities have passed pay transparency laws must comply by, for example, revealing salary ranges in job … Read More
September 13, 2023 4 Best Practices For Effective Strategic Planning Meetings Business owners: If you don’t make time for strategic planning, competitors may get the better of you. Let’s discuss some … Read More
September 13, 2023 Investment Swings: What’s The Tax Impact? For some investors, 2023 has been a wild ride in the stock market. How will that affect your 2023 tax … Read More
September 8, 2023 IRS Guidance on Retirement Catch-Up Contribution Rules The SECURE 2.0 Act’s new retirement catch-up contribution rules caused problems and confusion for employers and employees alike. The IRS … Read More
September 8, 2023 Navigating The Percentage-of-Completion Method The accounting rules for percentage-of-completion can be confusing. Here’s a brief overview of the accounting rules. Read More
September 8, 2023 QTIP Trust: Strange Name, Powerful Trust Do you want to provide for your spouse after your death but ensure that your children ultimately receive the inheritance … Read More
September 6, 2023 Cut Taxes By Reimbursing Expenses With An Accountable Plan Could your nonprofit benefit from having an accountable plan? It provides a tax-advantaged way to reimburse staffers for certain work-related … Read More
September 6, 2023 Could Your Business Benefit From Interim Financial Reporting? For many businesses, generating financial statements once a year isn’t enough. You may want to engage in “interim” financial reporting … Read More
September 6, 2023 Financial Statements At A Glance Can you name the three reports that make up a comprehensive set of financial statements under U.S. GAAP? To get … Read More
August 31, 2023 Did Your Spouse’s Estate Make A Portability Election? Estate tax exemption “portability” can save married couples substantial estate taxes, but only if the necessary election is made. Read More
