On September 6, the Financial Accounting Standards Board (FASB) reached a unanimous decision to officially approve updated crypto accounting regulations. This decision was made less than five months after the
Establishing an investment account for your minor child offers a tax-efficient strategy for preparing for their future expenses, such as college tuition or other financial needs. A straightforward approach to
If you operate a profitable unincorporated small business with your spouse, you face some challenging tax issues. The Partnership Tax Issues An unincorporated business with your spouse is classified as
If your investments have experienced substantial fluctuations throughout this year, you might have already witnessed notable gains and losses. However, the tax implications remain uncertain until year end when the
An increasing number of U.S. workers are advocating for “pay transparency,” and non-profit employers should consider listening and proactively responding. Pay transparency is the idea that employers should openly share
It’s not uncommon for employees to express dissatisfaction with the number of meetings they are required to attend. This issue is valid at times since an excessive number of meetings
By: Sara E. Choate, SPHR, SHRM-SCP The Department of Labor (DOL) has recently proposed significant changes to the Fair Labor Standards Act (FLSA) that will impact organizations across the United
Small, family-run businesses often rely on trust as a core principle, especially when multiple family members are part of the operation. You might have confidence in any team member to
Is your organization engaged in projects that take longer than a year to complete? The proper revenue recognition for such long-term projects often necessitates using the ‘percentage-of-completion’ method. This article
Employee Stock Ownership Plans (ESOP) have always stood out as an attractive option for employers seeking to achieve various objectives through a comprehensive benefits program. A well-structured and effectively managed
