Financial statements: Take the time to read the entire story
August 2, 2021
Financial statements tell a story about financial performance. Managers and other stakeholders who read them from cover to cover have a clear, holistic understanding of the details.
Can employers use health records to verify COVID-19 vaccinations?
July 30, 2021
Employers, pay special attention to how HIPAA may affect any efforts you take to confirm that your employees have been vaccinated against COVID-19.
Analytics software: A brave new world in auditing
July 29, 2021
Analytical software tools can take your audit to a higher level. Here’s how.
You may have loads of student debt, but it may be hard to deduct the interest
July 28, 2021
Student loan interest is deductible for some borrowers subject to certain limits. Find out if you qualify.
There’s currently a “stepped-up basis” if you inherit property — but will it last?
July 27, 2021
Have you inherited assets or are you planning your estate? If so, it’s crucial to understand the current “step-up” basis rules and why they might change.
The deductibility of corporate expenses covered by officers or shareholders
July 26, 2021
If you spend money personally on behalf of your closely held corporation, you want to make sure either you or the business can deduct the expense. Here are the rules.
