New COVID-19 Relief Law Update Many businesses have retained employees during the COVID-19 pandemic. And enjoyed tax relief with the help of the employee retention credit (ERC). The recent signing…
PPP: Paycheck Protection Program and Your Small Business When the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) last year. The program’s stated objective was “to provide a…
Analytical procedures can help make your audit more efficient The use of audit analytics can help during the planning and review stages of the audit. But analytics can have an…
If you run a business from home, you could qualify for home office deductions During the COVID-19 pandemic, many people are working from home. If you’re self-employed and run your…
Restructuring Debt. Should my distressed company consider it? Many businesses have experienced severe cash flow problems during the COVID-19 pandemic. As a result, some may have delayed or missed loan…
Footnote disclosures basics The footnotes to your company’s financial statements give investors and lenders insight into account balances, accounting practices and potential risk factors — knowledge that’s vital to making…
Should you convert from a C to an S corporation? The best choice of entity can affect your business in several ways, including the amount of your tax bill. In…
Depreciation for Your Business As we approach the end of the year, it’s a good time to think about whether your business needs to buy business equipment and other depreciable…
The importance of sound inventory management As year-end draws near, many businesses will be not only be generating their fourth quarter financial statements. But also looking back on the entire…
How effectively does your business manage risk? From natural disasters and government shutdowns to cyberattacks and fraud. Risks abound in today’s volatile, uncertain marketplace. While some level of risk is…