HK News

Manufacturers must adapt their processes and technology to accommodate remote selling. Here’s why, and some tips for success.

What’s the “true” cost of a product or job? The answer is critical to evaluating your company’s profitability and may be found through activity-based costing.

Financial statements are a logical starting point for valuing a business. The cost approach begins with the balance sheet. Is this approach right for your situation?

Small business owners: Can you name the key differences between prepared and compiled financial statements?

Manufacturers may have a false sense of calm when it comes to cybersecurity. They might incorrectly assess that their risk of a cyberattack is low because they don’t sell products on the internet or gather credit card information and other […]

For firm Hall, Kistler & Company in Canton, a successful approach to the hybrid working model meant focusing first on staff needs.

Tax Season Filing Tips Did you know that tax return errors can delay refunds and increase audit risk? Before your tax return preparation appointment, make sure you've gathered all 2021 tax documents received, such as W-2s and 1099s. In addition, […]

If you're in the market to buy a business, how the deal is structured can have a major impact on the due diligence that's needed to protect against known and unknown liabilities. Purchasing the assets in bulk may help reduce exposure to liabilities, but there may be tax and financial reasons to purchase an ownership interest in the target business instead. Here's an overview of possible due diligence procedures to consider

Many people have incurred student loan debts. But some are fortunate enough to have their loans discharged or paid off by employers. If you're one of the lucky ones, be aware that cancellation of student loan debt will result in taxable income, unless an exception applies. Here's an overview of the federal income tax rules that apply in these situations

HALL, KISTLER & COMPANY WINS CLEARLYRATED’S 2022 BEST OF ACCOUNTING AWARD FOR SERVICE EXCELLENCE

The past few years has seen a general “skills gap” in the manufacturing sector. One answer to this ever-increasing issue is to take steps to “upskill” your workforce.

If you run a business and accept payments through third-party networks such as Zelle, Venmo, Square or PayPal, you could be affected by new tax reporting requirements that take effect for 2022. They don’t alter your tax liability, but they […]