12.28.18
How Gift Card Scammers Target Companies — and What You Can Do
Gift cards offer businesses a convenient way to reward employees and thank customers. However, as the FBI recently warned, gift card scams specifically targeting companies…
12.27.18
Bogus Vendors May Be Costing Your Company a Bundle
Are you harboring fictitious vendors in your accounting system? These are vendors invented by an employee — usually someone with the authority to approve invoices…
12.27.18
Business Owners: An Exit Strategy Should Be Part of Your Tax Planning
Tax planning is a juggling act for business owners. You have to keep your eye on your company’s income and expenses and applicable tax breaks…
12.20.18
Revenue Recognition – Ready or Not, Here it Comes!
With the beginning of 2019, the new revenue recognition standard for contracts with customers is now effective for all entities, including private businesses. Under the…
12.18.18
Carefully Weigh the Pros and Cons of Automation
Manufacturers and distributors face rising costs of labor and benefits, burdensome government regulations and a shortage of skilled workers. In light of these human resource…
12.18.18
Are Your Prices Too High, Too Low or Just Right?
Manufacturers tend to base product prices on direct production costs. Then they occasionally adjust prices for inflation or when the costs of raw materials or…
12.18.18
Essential Tips for Managing Your Construction Company’s Inventory
Construction and inventory don’t always go hand in hand, but it’s important to understand your company’s cost to acquire products as your largest expense. For…
12.18.18
Small Business Owners Get Unprecedented Tax Break – Make Sure Your Company Gets Theirs
There are a whole host of new tax rules designed to lower the tax burdens for all companies. It is important that you are aware…
12.14.18
Can a PTO Contribution Arrangement Help Your Employees and Your Business?
As the year winds to a close, most businesses see employees taking a lot of vacation time. After all, it’s the holiday season, and workers…
12.6.18
Financial Accounting Standards Board (FASB) Updated Not-For-Profit Financial Statement Standard
On August 18, 2016 the Financial Accounting Standards Board (FASB) issued the updated standard for the Presentation of Financial Statements of Not-For-Profit Entities. The amendments…