KPM

Articles

Keeping You Informed

Part of our job as advisors is explaining important issues in the simplest possible terms and laying out possible strategies and solutions. We’re not looking to confuse you—we’re here to enlighten you and expand your understanding. Bookmark this page or subscribe to our weekly newsletter for a steady stream of helpful articles.

Search Articles

Bookkeeping Pitfalls
Assurance

Four Bookkeeping Pitfalls To Avoid For Small Businesses

Accurate bookkeeping is critical to successfully operating a small business. The problems created by inadequate bookkeeping practices can have significant, long-lasting consequences. Here are four common bookkeeping pitfalls — and

Audit Report
Non-Profit

How Non-Profits Can Take Decisive Action On Audit Reports

External audits can reassure your non-profit’s stakeholders that your financial statements are accurate according to U.S. Generally Accepted Accounting Principles (GAAP). They can also help prevent occupational fraud. Audit reports

Small Business Tax

Tax Tips When Purchasing A Businesses’ Assets

After experiencing a decline in 2023, merger & acquisition activity in several sectors is rebounding in 2024. If you’re buying a business, your goal is to have the best possible

Defrauded
Fraud

How To Respond If Your Organization Is Defrauded

Occupational fraud is not solely a financial threat, and it can also potentially change an organization’s reputation, culture, and relationships. But before dealing with any larger ramifications of fraud, defrauded

Bookkeeping Pitfalls
Assurance

Top Audit Committee Concerns Per A New Survey

Audit committees act as gatekeepers over the accounting and financial reporting processes, including the effectiveness of the organization’s control environment. However, as the regulatory landscape becomes increasingly complex and organizations

Individual Tax

Appraisal Needs For Valuable Gifts To Charity

If you donate valuable items to charity and you want to deduct them as deductions your taxes, you may be required to get an appraisal. The IRS requires donors and

Sentimental Assets
Estate Planning

Why Handwritten Will Revisions Are A Bad Idea

While the laws regarding the execution of a valid will differ from state to state, but typically they require specific formalities. These may include signing the will in the presence

A recent study commissioned by Forbes Advisor and conducted by OnePoll surveyed 1,000 remote and hybrid employees earlier this year and found that almost half (43%) said their employers were
Accurate bookkeeping is critical to successfully operating a small business. The problems created by inadequate bookkeeping practices can have significant, long-lasting consequences. Here are four common bookkeeping pitfalls — and
External audits can reassure your non-profit’s stakeholders that your financial statements are accurate according to U.S. Generally Accepted Accounting Principles (GAAP). They can also help prevent occupational fraud. Audit reports
After experiencing a decline in 2023, merger & acquisition activity in several sectors is rebounding in 2024. If you’re buying a business, your goal is to have the best possible
The estate planning term, “tangible personal property” might sound dull and unimportant to you or your loved ones. However, it includes items that make up tangible personal property, such as
Occupational fraud is not solely a financial threat, and it can also potentially change an organization’s reputation, culture, and relationships. But before dealing with any larger ramifications of fraud, defrauded

Don't be the last to know. Sign up for our newsletter.

Talk with the pros

Our CPAs and advisors are a great resource if you’re ready to learn even more.