Why some small businesses are switching to tax-basis reporting
June 29, 2023
Are you fed up with all the recent accounting rule changes? For many private companies, the new lease standard that went into effect in 2022 was the last straw. Here’s an alternative reporting framework to consider.
Why can’t my profitable business pay its bills?
June 20, 2023
Bills, bills, bills! From utilities and payroll to taxes and supplies, there’s always a bill that needs to be paid when you own a small business. When cash is short, it pays to understand the differences between profits and cash flow.
Key factors for employers in choosing an affordable health plan
June 19, 2023
Most employers need to sponsor a health plan for employees. But striking the right balance between affordability and comprehensive coverage isn’t easy.
Should you reimburse employees for moving expenses?
June 15, 2023
Employers: Could reimbursing employees for moving expenses give you a hiring and retention edge? Perhaps, but it’s important to first anticipate the tax impact.
Traveling for business this summer? Here’s what you can deduct
June 6, 2023
Here’s a rundown of the tax deductions you can claim for business travel.
Overview of discontinued operations reporting
June 5, 2023
In today’s uncertain markets, your business may decide to discontinue unprofitable product lines or business units. Are you up to speed on the accounting rules for reporting discontinued operations?
