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Derivatives and other arrangements can help your business hedge against financial risks. How should these transactions be presented on your financial statements?

For retailers, manufacturers and many other businesses, a significant amount of working capital is tied up in inventory. A year-end physical count of raw materials, work-in-progress and finished goods is essential.

It’s time to prepare for next year’s audit. Are you ready for fieldwork to begin?

Here’s an overview of M&A accounting rules to help minimize the guesswork (and rework) related to purchase price allocations.

Closing the books at month end is a dreaded chore at many companies. Here’s how to simplify the process at your company.

Times are tough for many companies. If you need to advance your business money to make ends meet, how should the transaction be reported on your financial statements?

Take these 2024 cost-of-living adjustments into consideration as you work on your year-end tax planning.

Concerned about your 2023 tax liability? Consider these year-end tax planning strategies.

Making time for year-end tax planning time now may prove beneficial come tax-filing time next year.

The IRS has created a path that businesses can use to withdraw unprocessed ERTC claims if they determine the claims are invalid.

1. Making Cash Gifts in 2023 and 2024 2. How Life Affects Taxes 3. Last Chance to Minimize Your 2023 Tax Bill 4. Appointing Someone to Handle Your Tax Matters 5. 2024 Social Security Figures

Self-employment (SE) tax can be a major expense for small business owners — and many self-employed individuals are blindsided by this tax when they file their first tax return with SE income. This article provides answers to questions you may have regarding SE tax, including how much it is, who owes it, whether it's deductible, how to pay it and more.