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.
Read More 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?
Read More 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.
Read More 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
Read More 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.
Read 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.
Read More 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.
Read More 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.
Read More 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 […]
Read More 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 […]
Read More Inflation Reduction Act expands deductions for energy-efficient construction
Can you benefit from the Inflation Reduction Act’s expansion of two tax incentives for energy-efficient construction of commercial and residential buildings? These are the Sec. 179D deduction and the Sec. 45L credit.
Read More Inflation Reduction Act expands valuable R&D payroll tax credit
The Inflation Reduction Act expands the R&D payroll tax credit for eligible small businesses for tax years beginning after Dec. 31, 2022. Learn more about what’s new and what requirements must be met to qualify.
Read More