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<img width="300" height="169" src="https://www.kpmcpa.com/wp-content/uploads/2021/07/AA-Header-300x169.jpg" class="attachment-medium size-medium wp-image-874" alt="Inventory Management WIP Non-GAAP Metrics Reduce Billing Bottlenecks Auditor Independence Accounting Methods Year-End Financials Auditing Revenue Recognition Inventory Management System Access To Capital M&A Due Diligence What Is Materiality Job-Costing Systems Technology Bank Reconciliation Cybersecurity New Segment Expense Disclosure Rules QuickBooks To Prepare 2024 Budgets Safeguard Organization Assets Offsetting Rules Inventory Count negotiation M&A Accounting Monthly Financial Close Shareholder advance Payroll challenges Prepare for audit QuickBooks income tax Crypto Accounting Percentage-Of-Completion Financial Statement PCAOB Overhead Mileage in QuickBooks UTPs Cross-Train Employee Benefit Plan Audits Accounts Receivable" />

Quick Tips For QuickBooks

QuickBooks® is an all-in-one solution designed for small and medium-sized businesses to help manage and organize their finances. QuickBooks assists with the accounting function for many companies but includes a

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<img loading="lazy" width="300" height="169" src="https://www.kpmcpa.com/wp-content/uploads/2021/07/Estate-Planning-Header-1-300x169.jpg" class="attachment-medium size-medium wp-image-3283" alt="split annuity Estate Planning Terms Living Will Trust Protector LTC Expenses Incentive Trusts Gift Tax Return Family Business Succession Planning Special Needs Trust Elderly Parents In Your Estate Plan Beneficiary Designations Turn Down An Inheritance Power Of Attorney Inter Vivos Securities Laws DAPT College-Age Children Do Need An Estate Plan Estate Planning Documents Annual Gift Tax Exclusion CRT Name A Guardian Power To Remove A Trustee Living Trust Owning Assets Silent & Incentive Trusts Payable-On-Death Accounts Reduce your estate tax Executor Art Collection QTIP Trust portability Life insurance Portability Probate Original Will Estate Planning Estate Plan Estate Planning Estate Planning Asset Protection Strategies" />

When Was The Last Time You Reviewed Your Life Insurance Policy?

Life insurance used to have a much larger role in an estate plan than it does today. Why is this? Because families would use life insurance payouts to pay estate

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Is Effective Altruism The Right Practice For Your Non-Profit?

The arrest last year of a high-profile cryptocurrency exchange founder for fraud not only hurt the crypto business, but also resulted in a negative response towards “effective altruism.” This philosophy

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<img loading="lazy" width="300" height="169" src="https://www.kpmcpa.com/wp-content/uploads/2021/07/Business-Header-300x169.jpg" class="attachment-medium size-medium wp-image-792" alt="Pivot strategy Payroll Risks Generative AI For Businesses Financial Statements Sec. 179 Tax Deduction Health Care Plan Assessing Customer Credit QBI Deduction Cash Withdrawal Small business retirement Spouse travel expenses Accounting Software Strategic Planning Process Insurance Schemes Enterprise Risk Management Program Account-Based Marketing Wrong Software For Your Organization Operational Review Internal Benchmarking Reports Sales approach Capturing Data Older Workers Pooled Employer Plans Financial Statement Options BOI Reporting Rules Privileged Users Medicare Premiums DOL Business valuation Trust Fund Recovery Penalty Value-Based Sales Fringe Benefits Green Lease Strategic Planning Financial Reporting Marketing Strategy Succession planning health care benefits Cyberinsurance PTO Buying Media Screening Pipeline Management Billing Best Practices Solo 401(k)" />

New Supreme Court Ruling On Overtime Rules & Highly Compensated Employees

If you were told someone earns more than $200,000 annually, your first assumptions might be that the person is a salaried employee and they’re ineligible for overtime pay. However, this

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Awarded Money In A Lawsuit Or Settlement? It’s Only Tax-Free In Certain Circumstances.

You generally must pay federal tax on all income you receive but there are some exceptions when you can exclude it. For example, compensatory awards and judgments for ‘personal physical

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Can Customer Disputes Somehow Help Your Organization?

Business may not realize that customers’ disputes (reports of fraud or suspicious charges on their accounts) , could actually be an opportunity for your business instead of a challenge. Handle

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Buying A New Business Vehicle? A Heavy SUV Is A Tax-Smart Choice.

If you’re buying or replacing a vehicle that you’ll use in your business, be aware that a heavy SUV may provide a more generous tax break this year than you’d

Inventory Management WIP Non-GAAP Metrics Reduce Billing Bottlenecks Auditor Independence Accounting Methods Year-End Financials Auditing Revenue Recognition Inventory Management System Access To Capital M&A Due Diligence What Is Materiality Job-Costing Systems Technology Bank Reconciliation Cybersecurity New Segment Expense Disclosure Rules QuickBooks To Prepare 2024 Budgets Safeguard Organization Assets Offsetting Rules Inventory Count negotiation M&A Accounting Monthly Financial Close Shareholder advance Payroll challenges Prepare for audit QuickBooks income tax Crypto Accounting Percentage-Of-Completion Financial Statement PCAOB Overhead Mileage in QuickBooks UTPs Cross-Train Employee Benefit Plan Audits Accounts Receivable

<img width="300" height="169" src="https://www.kpmcpa.com/wp-content/uploads/2021/07/AA-Header-300x169.jpg" class="attachment-medium size-medium wp-image-874" alt="Inventory Management WIP Non-GAAP Metrics Reduce Billing Bottlenecks Auditor Independence Accounting Methods Year-End Financials Auditing Revenue Recognition Inventory Management System Access To Capital M&A Due Diligence What Is Materiality Job-Costing Systems Technology Bank Reconciliation Cybersecurity New Segment Expense Disclosure Rules QuickBooks To Prepare 2024 Budgets Safeguard Organization Assets Offsetting Rules Inventory Count negotiation M&A Accounting Monthly Financial Close Shareholder advance Payroll challenges Prepare for audit QuickBooks income tax Crypto Accounting Percentage-Of-Completion Financial Statement PCAOB Overhead Mileage in QuickBooks UTPs Cross-Train Employee Benefit Plan Audits Accounts Receivable" />

Enhance Your Financial Reporting With Visual Aids

Visualizations such as graphs, charts, tables, and more can be inserted in your financial statement disclosures. This can help improve transparency and draw attention to key accomplishments. As your organization

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<img loading="lazy" width="300" height="169" src="https://www.kpmcpa.com/wp-content/uploads/2021/07/Estate-Planning-Header-1-300x169.jpg" class="attachment-medium size-medium wp-image-3283" alt="split annuity Estate Planning Terms Living Will Trust Protector LTC Expenses Incentive Trusts Gift Tax Return Family Business Succession Planning Special Needs Trust Elderly Parents In Your Estate Plan Beneficiary Designations Turn Down An Inheritance Power Of Attorney Inter Vivos Securities Laws DAPT College-Age Children Do Need An Estate Plan Estate Planning Documents Annual Gift Tax Exclusion CRT Name A Guardian Power To Remove A Trustee Living Trust Owning Assets Silent & Incentive Trusts Payable-On-Death Accounts Reduce your estate tax Executor Art Collection QTIP Trust portability Life insurance Portability Probate Original Will Estate Planning Estate Plan Estate Planning Estate Planning Asset Protection Strategies" />

Do You Need To File A Gift Tax Return?

You may be wondering if you need to file a gift tax return if you made gifts last year. There are many situations when it’s necessary (or desirable) to file

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<img loading="lazy" width="300" height="169" src="https://www.kpmcpa.com/wp-content/uploads/2021/07/Business-Header-300x169.jpg" class="attachment-medium size-medium wp-image-792" alt="Pivot strategy Payroll Risks Generative AI For Businesses Financial Statements Sec. 179 Tax Deduction Health Care Plan Assessing Customer Credit QBI Deduction Cash Withdrawal Small business retirement Spouse travel expenses Accounting Software Strategic Planning Process Insurance Schemes Enterprise Risk Management Program Account-Based Marketing Wrong Software For Your Organization Operational Review Internal Benchmarking Reports Sales approach Capturing Data Older Workers Pooled Employer Plans Financial Statement Options BOI Reporting Rules Privileged Users Medicare Premiums DOL Business valuation Trust Fund Recovery Penalty Value-Based Sales Fringe Benefits Green Lease Strategic Planning Financial Reporting Marketing Strategy Succession planning health care benefits Cyberinsurance PTO Buying Media Screening Pipeline Management Billing Best Practices Solo 401(k)" />

Is Influencer Marketing Right For Your Business?

In today’s digital marketplace, many organizations have some sort of presence on social media as part of their marketing efforts. As a business owner, you’d probably agree that building a