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Auditing Concepts
As audit season begins for calendar-year entities, it’s important to review issues that may arise during fieldwork. One common issue is materiality. This concept is READ MORE
READ MOREIntegrating AI into Modern Accounting Practices
Artificial intelligence (AI) is the latest technology to hit the accounting field. AI solutions can automate data entry by: Reading and processing paper and electronic READ MORE
Unlock the Benefits of a 0% Tax Rate on Capital Gains and Dividends
Unlock the Benefits of a 0% Tax Rate on Capital Gains and Dividends Are you aware that you could potentially pay no federal income tax READ MORE
Why it’s important to get your company’s financials done on time
Have you completed your company’s year-end financial statements yet? Most calendar-year entities issue their year-end financials by March of the following year. Lenders and investors READ MORE
Updated Guidance on Business Vehicle Depreciation
Recent changes in tax legislation have expanded the possibilities for deducting depreciation on vehicles used for business, yet the rules continue to be complex. Moreover, READ MORE
Optimizing Inventory Management Systems
If your business has significant inventory on its balance sheet, it can be costly. The carrying costs of inventory include warehousing, salaries, insurance, taxes, and READ MORE
Understanding the New Emergency Savings Accounts for Retirement Plans
Beginning in 2024, the SECURE 2.0 Act enables employers to offer non-highly compensated employees the opportunity to contribute to emergency savings accounts linked to their READ MORE
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