1.23.20
Changes to 401(k) Contribution Limits for 2020
Every year, the IRS takes a fresh look at contribution limits and makes changes as necessary. Below are some of the more significant changes for…
1.23.20
Always Be Building (The Bottom Line)
A construction company may do many great things to operate profitably. But when expenses come due, its bottom line may not look so hot. Sound…
1.20.20
Cybersecurity Considerations for Your Business
With the growing risk of cyber‑attacks, the importance of cybersecurity is at a peak. There was an estimated $2 trillion in damages due to cybercrimes…
1.17.20
Do You Know Your Tax Bracket?
Although the Tax Cuts and Jobs Act (TCJA) generally reduced individual tax rates through 2025, there’s no guarantee you’ll receive a refund or lower tax…
1.17.20
Every Business Owner Needs an Exit Strategy
As a business owner, you have to keep your eye on your company’s income and expenses and applicable tax breaks. But you also must look…
1.17.20
Determining an Employee’s “Home” for Reimbursement Purposes
Despite the prevalence of Web-based meetings, many of today’s businesses still have plenty of employees who travel. If you still have sales staff or other…
1.15.20
New Revenue Recognition Rules for 2019 Will Create Significant End-of-Year Reporting Challenges for Contractors
Effective for 2019 calendar year-end reporting, private company revenue recognition practices for contracts with customers (FASB ASC Topic 606) under accounting standards generally accepted in…
1.6.20
Contemplating Fraud Litigation? Not Without a CPA
You may already know how CPAs can help businesses uncover and prevent fraud. But what about when a fraud incident leads to civil litigation? An…
1.6.20
New Law Helps Businesses Make Their Employees’ Retirement Secure
A significant law was recently passed that adds tax breaks and makes changes to employer-provided retirement plans. If your small business has a current plan…
1.1.20
Important Tax Deadlines for the First Quarter of 2020
Here are some important tax deadlines for the first quarter of 2020. January 15 — Individual taxpayers’ final 2019 estimated tax…