Five Tax Breaks to Consider: What Business Owners Need to Know
A bill in Congress — dubbed The One, Big, Beautiful Bill — could significantly reshape several federal business tax breaks. While the proposed ...
R&E Deductibility May Return Under New Bill
The treatment of research and experimental (R&E) expenses is a high-stakes topic for U.S. businesses, especially small to midsize companies ...
How to Turn F&A Turnover into a Business Opportunity
Turnover in finance and accounting (F&A) leadership is increasing. In 2024, CFO turnover among Standard & Poor’s 500 companies hit 17.8%, ...
Hiring Contractors? Make Sure You’re Compliant.
Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages and inflation. If you’re among ...
Is Your Salary Reasonable in the Eyes of the IRS?
Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s ...
QuickBooks Tips: Master Your Monthly Close
The month-end close is a pain point for many small to midsize businesses. While internal accounting teams often aim to wrap up the close within three ...
Risky Business: How Auditors Help Prevent Fraud
In today’s volatile economic climate, organizations face mounting pressures that can increase the risk of fraudulent activities. Auditors play a ...
Beyond the Fraud Risk Assessment: Managing Nuanced Threats
Annual fraud risk assessments are valuable tools for identifying obvious threats and documenting the internal controls in place to address them. ...
Turn Business Losses Into Future Tax Savings
Even successful businesses experience occasional down years. Fortunately, the federal tax code provides a way to help offset those losses, ...