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1.29.17

Understanding Compensation Forfeiture Damages

When an employee breaks the rules, the wronged party’s remedies may seem obvious — for example, breach of contract or fiduciary duty damages or asset…

1.28.17

Tips for Effective Inventory Management

Evaluate your Inventory Management System Does your manufacturing business have an effective inventory management system? Inventory impacts nearly every aspect of your business, yet still…

1.27.17

Strategic Alliances: Leverage Strengths, Minimize Weaknesses

The merger and acquisition market has been hot for manufacturers in the first half of 2016, and the momentum is expected to continue through year…

1.26.17

Stock Appreciation: Is it a Marital Asset?

Increasingly, the proper treatment of the appreciation of assets is coming up in divorce cases. Although the issue typically arises in the context of a…

1.1.17

Using the Yardstick Method to Estimate a Start-up’s Damages

The yardstick method, which bases economic damages on the performance of comparable “guideline” companies, is a tried-and-true approach for estimating damages, but, like other methods,…

11.29.16

Unclaimed Property in New York State

Every business will usually find that they have old outdated uncashed payable and payroll checks on its bank reconciliation for months and sometimes even years. …

9.1.16

Implementation Guidance for the New Leases Accounting Standard

There is an updated version of this article. Click here to view the updated version.  On February 25, 2016, the Financial Accounting Standards Board (FASB)…

Headshot of Joe Hardick tax partner at Dannible & McKee
12.1.15

Can Your Company Have State “Economic Nexus” Without A Physical Presence?

When you hear the term “nexus” and its relation to doing business and being subject to a tax liability in a state or local jurisdiction,…

11.29.15

New York State Tax Credits and Incentives Available for Manufacturers

There are several tax credit and tax incentive programs for manufacturers available from New York State which can help offset both New York State Article 9-A…

Business man and woman working on financial information the lady is on a calculator and man holding pen with black glasses on desk
10.29.15

Improve Your Financial Statement Analysis

Accounting and financial reporting systems have improved considerably in recent years. Useful data for benchmarking and industry comparisons is just a mouse click away. If…