Understanding the ABCs of credits and debits
August 30, 2024
Business owners: Do you know what the terms “debit” and “credit” mean? Here’s a simple explanation to help you get a clearer picture of your company’s financial performance.
FUTA fundamentals: What employers should keep in mind
August 29, 2024
If your organization has employees, you must comply with payroll tax obligations. Among the biggest ones to contend with is FUTA. Here are some essential facts.
Navigating tax complexities: Craft partnership agreements and LLC operating agreements with precision
August 26, 2024
If your business is creating a partnership agreement or LLC operating agreement, it should include tax-related specifications. Here are some key points.
Review real-time data with flash reports
August 20, 2024
Want more timely financial data? Consider using “flash reports” to get a simplified snapshot of key financial metrics on a daily or weekly basis.
Cash or accrual accounting: What’s best for tax purposes?
August 19, 2024
Choosing between the cash method of accounting and the accrual method for tax purposes can impact your tax situation. But not all businesses qualify for both methods.
Employers with health care plans should keep HIPAA risks in mind
August 16, 2024
Every employer that sponsors a health care plan must follow HIPAA’s rules for updating and distributing a Notice of Privacy Practices. Important details here.
