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4.28.25

An Education Plan Can Pay Off for Your Employees — And Your Business

Your business can set up an educational assistance plan that can give each eligible employee up to $5,250 in annual federal-income-tax-free and federal-payroll-tax-free benefits. These…

Women with folded hands over the words, “SEP or SIMPLE?”
4.21.25

Explore SEP and SIMPLE Retirement Plans for Your Small Business

Suppose you’re thinking about setting up retirement plans for yourself and your employees. However, you’re concerned about the financial commitment and administrative burdens involved. There…

Mother and daughter standing together working at a coffee shop
4.14.25

Hiring Your Minor Children for Summer Jobs

With summer fast approaching, you might be considering hiring young people at your small business. If your children are also looking to earn some extra…

Headshot of Shawn Layo, Tax Partner at Danniblr & McKee LLP
4.14.25

Nexus Requires Compliance and Begins by Filing Tax Returns

“Nexus” is a fancy Latin word that refers to the relationship of a taxing jurisdiction that enables it to subject your business to taxation. In…

text written on piled-up pallets with the words," 2025 US Tariffs Impact"
4.11.25

Mitigate the Risks: Tips for Dealing With Tariff-Driven Turbulence

President Trump’s “Liberation Day” announcement of global tariffs caught businesses, as well as foreign countries and worldwide financial markets, off guard. While the president has…

Contruction meeting reviewing documents at a desk
4.8.25

Update for Contractors on the Presentation and Disclosure of Retainage

On April 1, 2025, the Financial Accounting Standards Board (FASB) released a staff educational paper to address questions surrounding how to apply revenue recognition guidance…

Two notepads one saying Field Notes and two black markers and one cell phone
4.7.25

Preconstruction Should Concentrate on Major Issues

Preconstruction can make the difference between a project’s success or failure — and a contractor’s profit or loss. Although it’s helpful to consider as many…

Drone operated by construction worker on building site
4.7.25

Construction Companies Should Approach Drone Purchases Carefully

They say there are two kinds of contractors these days: one that uses a drone and another with a drone on back order. It’s debatable…

Engineer typing on calculator at a desk
4.7.25

Reviewing the Look-Back Method for Long-Term Construction Contracts

Among the most common challenges of any long-term construction project are fluctuating job costs. However, variations in the cost of materials and labor over time…

Headshot of Ben Sumner, Audit partner at Dannible & McKee, LLP
4.7.25

How to Leverage Inventory Cost Management to Improve Your Company’s Profitability

For many companies, especially manufacturing firms, balancing inventory costs is vital to your company’s success, but it can also be a guessing game that is…