5.22.23
Tips and Best Practices for Nonprofit Cost Allocations
A significant challenge facing many nonprofit organizations involves determining how much of their resources and expenses go toward each of their projects. Nonprofits do not…
5.18.23
Social Security’s Future: The Problem and the Proposals
Recent reports have raised anew concerns about the impending insolvency of the Social Security program, absent congressional action. Social Security reform has long been considered…
5.15.23
Use the Tax Code To Make Business Losses Less Painful
Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing businesses…
5.5.23
Education Benefits Help Attract, Retain and Motivate Your Employees
One popular fringe benefit is an education assistance program that allows employees to continue learning and perhaps earn a degree with financial assistance from their…
5.1.23
Take Advantage of the Rehabilitation Tax Credit When Altering or Adding to Business Space
If your business occupies substantial space and needs to increase or move from that space in the future, you should keep the rehabilitation tax credit…
4.26.23
Check Your Company’s Vital Signs With KPIs
When you go to the doctor, the first thing the medical staff does is check vital signs such as your temperature and blood pressure. That’s…
4.25.23
An Insurance Policy Glossary for Construction Business Owners
Every type of business needs at least a few insurance policies. Construction companies, however, tend to need many of them. After all, there are so…
4.25.23
Ways Your Construction Company Can Avoid Accounting Mistakes
One of the not-so-secret ways to run a profitable construction business is to follow sound accounting practices. Mistakes in financial reporting can be costly, potentially…
4.25.23
KPIs: What Are They, and Which Ones Count?
Management needs timely, accurate feedback to guide operating decisions, anticipate problems and take advantage of emerging opportunities. Unfortunately, comprehensive financial statements take a long time…
4.25.23
How To Manage WIP Inventory
Work-in-process (WIP) inventory is an important entry on a manufacturer’s balance sheet. Monitoring WIP is critical not only to ensure that your financial statements are…