Is your current bad debt allowance reasonable?
September 15, 2022
A recent survey of audit partners found that 40% were uncertain about the outlook for their primary industries. In light of this uncertainty, many companies are re-evaluating their allowances for uncollectible receivables.
The Inflation Reduction Act: what’s in it for you?
September 12, 2022
If you’re interested in purchasing energy-saving property for your home or an electric vehicle, you may qualify for a tax break under the new Inflation Reduction Act. Here are the basic rules.
Inflation Reduction Act provisions of interest to small businesses
September 9, 2022
The new Inflation Reduction Act provides small businesses with an incentive to increase their investments in research.
New law puts “book income” in the crosshairs
September 8, 2022
Could the Inflation Reduction Act have unintended financial reporting consequences? Many accounting professionals are concerned that the new law could compromise the perceived objectivity of U.S. accounting rulemakers.
Recent national research study indicates support for same-day pay
September 7, 2022
If your organization is looking for an intriguing new payroll benefit, explore the possibility of “same-day pay.” A new survey suggests these arrangements are growing in popularity.
Home sweet home: Do you qualify for office deductions?
September 2, 2022
Many people started working from home during the pandemic and have continued working out of home offices. Some of them qualify for home office deductions, but unfortunately, not all of them do. Here are the rules.
