Hiring independent contractors? Make sure they’re properly classified. As a result of the coronavirus (COVID-19) crisis, your business may be using independent contractors to keep costs low. But you should…
Financial reporting and adjusting your financial statements The Corona-virus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, contains several tax-related provisions for businesses hit…
What are the key distinctions between layoffs and furloughs? Layoffs and furloughs, is it time to decide? As businesses across the country grapple with the economic fallout from the novel…
Should You Delay CECL Reporting The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27. Among other economic relief measures, the new law allows…
Your financial statements and the Coronavirus The economic fallout from the coronavirus (COVID-19) pandemic has forced business owners to reevaluate their operations. One place to look for the information you…
Digital documents with e-signatures aren’t going away Do you use e-signature? Have you applied for a business loan lately? Or had some repairs done on your facilities? Maybe you’ve signed…
GAAP vs. tax-basis: Which financial statement is right for your business? Most businesses financial statements report financial performance using U.S. Generally Accepted Accounting Principles (GAAP). But the income-tax-basis format can…
Ready for a Start-up? Start With Your Budget. Are you budget ready? More than half of recent college graduates plan to start a business someday, according to the results of…
Auditing grant compliance Has your organization received any public or private grants to fund its growth? Grants sometimes require an independent audit by a qualified accounting firm. Here’s what grant…
Run your strategic-planning meetings like they really matter Many businesses struggle to turn abstract strategic-planning ideas into concrete, actionable plans. One reason why is simple: ineffective meetings. The ideas are…