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Digital cybersecurity and network protection concept. Virtual locking mechanism to access shared resources. Interactive virtual control screen with padlock. Businessman working at laptop on background
1.3.24

Keeping Up with Cybersecurity is Essential to HIPAA Compliance

Over the past few years, as a result of the COVID-19 pandemic as well as other developments in the medical arena, practices have increasingly relied…

annual checkup concept. stethoscope on the calendar with soft-focus and over light in the background
1.3.24

Protecting Your Practice’s Health with an Annual Checkup

Regular checkups are essential to maintaining one’s health. This is just as true for businesses as it is for people. Medical practices, in particular, need…

Conceptual business illustration with the words like-kind exchange
1.2.24

Defer a Current Tax Bill With a Like-Kind Exchange

If you’re interested in selling commercial or investment real estate that has appreciated significantly, one way to defer a tax bill on the gain is…

Business woman at gas station filling car
12.27.23

The Standard Business Mileage Rate is Up Slightly in 2024

The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business went up by 1.5 cents per mile in…

Headshot of Chris Didio, managing partner at Dannible & McKee
12.20.23

Understanding Forensic Accounting Issues When Calculating Lost Profits

When it comes to estimating lost profits, it is crucial to ensure that the numbers are accurate and not manipulated or falsified. This is because…

Headshot of Kaitlyn Axenfeld, Audit partner at Dannible & McKee LLP
12.20.23

Exploring FASB’s ASU 2023-05

The Financial Accounting Standards Board (FASB) has recently issued Accounting Standards Update (ASU) No. 2023-05, Business Combinations — Joint Venture Formations (Subtopic 805-60): Recognition and Initial…

Taking Invoice Document Photo Using Phone Or Smartphone
12.20.23

Contractors: Watch Out for Occupational Fraud

Nearly every type of business could be affected by occupational fraud, and construction businesses are certainly no exception. In fact, the Association of Certified Fraud…

Engineer and worker planning for construction building and renovate in working site
12.20.23

Construction Companies: Lean Into Tech To Optimize Accounting and Financial Management

The construction industry is renowned for its quality craftsmanship. However, it’s also sometimes known for a historical reluctance to adopt new technology. When it comes…

House,,Crane,And,Construction,Truck,Models,With,Gold,Coins,Spilling
12.20.23

Seven Questions Contractors Should Ask Before Seeking Outside Financing

Construction companies can leverage loans, lines of credit and other such products to help ensure positive cash flow, build creditworthiness and fuel business growth. But…

Calendar with pen and words "Q1 2024"
12.18.23

2024 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2024. Keep in mind that this list…