HK Business News

Do you have business trips booked to visit your manufacturing company’s key clients? Reacquaint yourself with the business travel expense deduction rules.

Combining a subjective and objective employee performance review can be a win-win for your employees and your manufacturing company.

If your manufacturing company needs new equipment, now is the time to purchase it and place it into service to maximize tax breaks relating to depreciation

Are supply chain disruptions affecting your manufacturing company’s bottom line? Here are three potential solutions.

There are much more than direct production costs that should be factored into your manufacturing company’s decision to raise its prices.

The research tax credit for eligible small manufacturers has been expanded by the Inflation Reduction Act for tax years beginning after Dec. 31, 2022. Learn more about what’s new and what requirements must be met to qualify.

New lease accounting rules go into effect this year for private companies and nonprofits. Related-party leases continue to be a sticking point, but help may be coming soon.

Statistical tools, like Benford’s Law, can help your auditors work smarter. But it’s important to recognize the limits of these tools.

If you want to know more about a specific account or nonfinancial matter, an agreed-upon procedures engagement may fit the bill.

Accounting for software costs is one of the gray areas in financial reporting. Fortunately, the FASB’s working on a project to simplify matters.

Have your accounting procedures and systems kept up with the times? Here are five tips to consider.

Many small and midsized businesses use QuickBooks for bookkeeping purposes. Are you taking advantage of all that your accounting software has to offer?