2018 Q1 Tax Calendar
Key tax deadlines for businesses and other employers Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2018. Keep in mind…
Key tax deadlines for businesses and other employers Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2018. Keep in mind…
Do you “Read” your financial statements? Over time, many business owners develop a sixth sense: They learn how to “read” a financial statement by computing financial ratios and comparing them…
Audit and You Independent auditors provide many benefits to business owners and management: They can help uncover errors in your financials, identify material weaknesses in your internal controls, and increase…
Fortifying your Business with Enterprise Risk Management Hundreds of years ago, prosperous towns managed the various risks of foreign invaders, thieves and wild animals by fortifying their entire communities with…
GAAP vs. tax-basis reporting: Choosing the right model for your business Virtually every business must file a tax return. Some private companies choose to issue tax-basis financial statements, rather than…
Don’t let the wash sale rule wash out the potential tax benefits of a capital loss. A tried-and-true tax-saving strategy for investors is to sell assets at a loss to…
Hedging Strategies The Financial Accounting Standards Board (FASB) recently issued some targeted improvements to its guidance that could encourage more companies to engage in hedging arrangements to minimize volatility in…
How effectively do you manage risk? Businesses can’t eliminate risk, but they can manage it to maximize the entity’s economic return. A new framework aims to help business owners and…
The FASB wants to fix inconsistent reporting The Financial Accounting Standards Board (FASB) has amended U.S. Generally Accepted Accounting Principles (GAAP) to clarify the guidance on reporting restricted cash balances…
Private companies: Consider these financial reporting shortcuts For years, private companies and their stakeholders have complained that the Financial Accounting Standards Board (FASB) catered too much to large, public companies…