10.25.23
Is It a Good Time To Acquire a Business?
This year has seen continued financial concerns about inflation, rising interest rates and skilled labor shortages. While some manufacturers have struggled, others have been moving…
10.25.23
Manufacturers: If You Qualify, Be Sure You’re Taking Maximum Advantage of the Section 199A Deduction
Manufacturing company owners who value personal asset protection from creditors typically operate their businesses as C corporations. However, in recent years, some owners have switched…
10.25.23
What Contractors Need To Know About Bonding Capacity
Construction companies are required to obtain surety bonds on many types of projects — particularly those that are publicly funded. The bonds essentially guarantee that…
10.25.23
What Construction Businesses With Inventory Should Know About Section 263A
Section 263A is an often misunderstood and misapplied part of the Internal Revenue Code. And it’s one that many construction businesses — particularly homebuilders —…
10.25.23
Upgrading Financial Statements to a Classified Balance Sheet
The three major parts of a company’s financial statements are generally regarded to be the balance sheet, the income statement and the statement of cash…
10.25.23
When Is the Most Beneficial Time To Collect Social Security Retirement Benefits?
“When should I start collecting my Social Security retirement benefits?” This is a common question we are asked as part of our annual tax consulting…
10.25.23
How Safe Are Your Business’s Paper Checks?
Recently, the Financial Crimes Enforcement Network (FinCEN) told U.S. financial institutions to exercise caution when processing paper checks because they might be fake. Paper checks?…
10.25.23
Protecting Your Business While Using AI
Have you ever wondered whether the photo or video you’re viewing, the audio you’re listening to or the article you’re reading is real? Artificial intelligence…
10.25.23
Financial Statement Fraud: Don’t Believe Everything You Read
Financial statements are central to understanding any business. A public company’s balance sheet, income statement and cash flow statement enable investors, lenders, the media and…
10.25.23
Protecting Your Business: Nine Tips for Cybersecurity Awareness Month
Cybersecurity is no longer optional for businesses. Every business, from a sole proprietorship to a multinational corporation, needs to know its vulnerabilities to cyber threats.…