Accounting and auditing standards have come under scrutiny in the wake of recent high-profile bank failures. Investigations are currently underway trying to understand what went wrong with Silicon Valley Bank
Most employers are aware of their obligation to pay certain employees overtime under specified circumstances. However, it may be less clear is which bonuses and other incentives must be included
A primary goal of estate planning is to ensure that your wishes are carried out after you’re gone. With potential contests or other challenges down the road, it’s important to
It’s important for leaders to engage regularly in strategic planning to move their organizations, thoughtfully and consciously, in a positive direction. Still, no matter how sound a set of strategic
You may be nervously watching macroeconomic signs as a non-profit leader. As inflation, interest rates, and the possibility of recession continue to rise, you might be curious how to predict
A common question people have when planning their estates or inheriting property is: For tax purposes, what’s the ‘cost’ (or ‘basis’) an individual gets in property that they inherit? This
Reviewing your business’ financial statements is generally a good starting point for valuating your business. Here’s an overview of how historical financial statements can serve as the basis for a
As a business grows, more space is often needed. If your business occupies substantial space and needs to increase or move from that space in the future, you should keep
In January, the Biden administration issued a policy statement indicating its intent to extend the COVID-19 national emergency (NE) and public health emergency (PHE) declarations, which stated both emergencies would
All too easily a company’s accounting records can become cluttered with duplicate items and unused accounts. Now might be the right time to ‘spring’ clean your QuickBooks® lists — such
