Intangible assets have a complex tax treatment. As more businesses acquire these assets, it’s important to understand why they’re complicated. What Makes Intangibles So Complicated?IRS regulations require the capitalization of
Too often, HR is not considered when thinking about cybersecurity protection. Businesses focus on financial data and other intellectual property, but HR data also contains important information that needs to
Leadership departure can often be a double-edged sword. It can create difficulties, but it also presents a good opportunity for assessing accounting performance and developing a vison for how your
What does your payroll plan look like? Timely and accurate employee paychecks are achievable through an outlined payroll plan. The payroll plan should discuss how employees document and submit their
Many non-profits are worried about high inflation and the possibility of another recession. All this after COVID-19 hit many non-profits’ finances and operations. Focusing on growing your operating reserves might
There often comes a time for small businesses to offer employees a retirement plan. This usually occurs when companies have the financial stability to make large contributions. Yet, it also
Technical goals are extremely important when creating an estate plan, such as protecting your assets from creditors’ claims and minimizing gift and estate taxes. However, your ‘softer’ goals should also
The end of the year is quickly approaching, which means the holidays are upon us! As many people consider their gifts to loved ones and their favorite charities in terms
Invoice fraud can be difficult to recover from and be even more challenging to spot. According to a survey from Census Wide and Medius, businesses lose an average of $300,000
Businesses close their doors for many reasons, some of which may include: An owner retirement A lease expiration Staffing shortages Partner conflicts Increased supply costs Even in the midst of
