11 Exceptions to the 10% Penalty Tax on Early IRA Withdrawals
If you’re facing a serious cash shortfall, one possible solution is to take an early withdrawal from your traditional IRA. That means one before ...
What Is Residual Fraud Risk and How to Address It
By regularly analyzing risk, business owners and executives can better understand and manage the likelihood and potential impact of fraud. Generally, ...
Tips For a Smoother Month-end Close
Does your company struggle to close its books at the end of each month? The month-end close requires accounting personnel to round up data from ...
Investment Swings: What's the Tax Impact?
If your investments have fluctuated wildly this year, you may have already recognized some significant gains and losses. But nothing is decided ...
How Outsourced Accounting Can Elevate Your Accounting Structure
Building a successful business over time takes consistency and dedication. Your team and day-to-day accounting operations are working well to deliver ...
Strategies to Reduce the Impact of the Net Investment Income Tax
High-income taxpayers often face the burden of paying the Net Investment Income Tax (NIIT) in addition to their regular income tax. The NIIT is a ...
Achieving the Right Balance of Working Capital
Working capital, the funds your company has tied up in accounts receivable, accounts payable and inventory, is a critical performance metric. During ...
Before You Scan a QR Code, Make Sure It’s Legitimate
Technology has made seemingly everything fast, convenient and easily accessible. This is certainly true of quick response (QR) codes, those ...
New-and-Improved Accounting Rules for Common Control Leases
On March 27, 2023, the Financial Accounting Standards Board (FASB) published narrowly drawn amendments to the lease accounting rules. The updated ...