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Has your organization received any COVID-19 relief funds, tax incentives or other type of government assistance in recent years? If so, you may need to disclose the key details about the transaction in your 2022 financial statements.

Many CEOs joined the “Great Resignation” in 2021. Unfortunately, some businesses will struggle without the continued involvement of a so-called “key person.” This is a major risk that must be factored into the valuation equation.

Audited financial statements contain footnotes that disclose a wealth of useful information. Too often, however, no one bothers to read them.

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