Preparing for year-end inventory counts

A physical inventory count gives a snapshot of how much inventory your company has on hand at year end. Are you ready to start counting?

SEC Chair Gensler warns about conflicts of interest

The SEC is committed to preventing conflicts of interest. Regardless of whether your organization is public or private, here’s what you should know to protect the perceived reliability of your audited financial statements.

New accounting rules for supplier finance programs

Newly issued rules on how to report supplier finance programs will provide critical information on the financial health of companies. Here’s what you should know if your company participates in these kinds of arrangements.

Boo! Consider a surprise audit to keep your accounting department on its toes

Routine financial statement audits are great for corporate governance. But could your organization also benefit from periodic “surprise” audits?

Ratio analysis: Extracting actionable data from your financials

Here are four categories of financial ratios that can help you make better, more-informed decisions about your company’s financial future.

Federal Tax News for Individuals

1. Contribute More to Your FSA in 2023 2. Possible Tax Legislation by Year End and Beyond 3. Do You Know What Your Filing Status Is? 4. RMDs: Important Considerations for Certain Taxpayers 5. Court: Charitable Donations Must Be Substantiated

The IRS Has Announced Various Tax Benefit Increases for 2023

The IRS recently announced the 2023 annual inflation adjustments for many tax provisions, including tax rates, the standard deduction, the alternative minimum tax exemption, the annual exclusion for gifts, the estate tax exclusion and more.

It’s Time for Businesses to Rethink Their Working Capital Practices

Today's market conditions have brought working capital management to the forefront. What's worked for your business in the past might not make sense in the current economy.

5 steps to take now to cut your 2022 tax liability

Are you interested in reducing your 2022 tax liability? There’s still time to take these year-end tax planning steps.

Act now to reduce your business’s 2022 tax bill

As 2022 winds down, now is the time for your business to take stock of its tax situation and implement year-end tax planning strategies.

Recession Realities Playbook

According to polls of CEOs, CFOs and business executives, there are three key pressures that are impacting business performance as we move into Q1 2023. Persistent high inflation Scarce and expensive talent Global supply constraints Source: Gartner While we may […]

What do the 2023 cost-of-living adjustment numbers mean for you?

The IRS recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year, many amounts increased considerably over 2022 amounts. As you implement 2022 year-end tax planning strategies, be sure to take these […]