Flash reports: Real-time financial reporting
October 1, 2021
Does your company prepare weekly or daily flash reports? These can be a powerful management tool to help anticipate potential risks and recognize emerging opportunities.
M&A transactions: Be careful when reporting to the IRS
September 28, 2021
Have you bought or sold business assets in an M&A deal in 2021 or are in the process of a transaction? If so, you must report the details to the IRS. The tax agency may then compare what both parties report to ensure they match.
Is it time to upgrade your accounting system?
September 24, 2021
If you’re thinking about upgrading your company’s accounting system, cost is an important factor. But it’s not the only one. Here are four other critical issues to consider before you pick what’s right for your business.
Tax depreciation rules for business automobiles
September 21, 2021
Claiming depreciation deductions for a passenger automobile can involve complex calculations. Here are the basic rules.
Employers: Will your health insurance be “affordable” in 2022?
September 20, 2021
Employers, act now to determine whether you could be subject to an Affordable Care Act penalty for your 2022 health care coverage.
Related-party transactions draw attention from auditors
September 17, 2021
Does your business interact with your friends, relatives and subsidiaries? If so, you may need to disclose the details of those transactions and relationships in your financial statements. Here’s why and how auditors pay special attention to related parties.
