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.
Although footnote disclosures appear at the end of reviewed or audited financial statements, they’re far more than a regulatory formality. They provide critical insight into a company’s accounting policies, unusual
One of the smartest strategies you can adopt when estate planning is to reduce or avoid probate. Probate is a legal process where the court validates your will, assesses the
What’s the most important software for your business? Initially, you might think of the system you rely on to produce or sell your products or services—and rightly so. But your
Reliable income streams are invaluable—especially during times of economic uncertainty, when members and donors may hesitate to renew or continue monthly contributions. If you’ve seen a decline in memberships or
College can be a significant expense. The average sticker price for tuition and fees at private colleges was $43,350 for the 2024–2025 school year, according to the College Board. While
Valuing a private business requires a tailored approach, particularly when selecting the appropriate standard of value. Applying the wrong standard can lead to disputes, tax and accounting issues, litigation risk,
If you’re claiming deductions for business meals or vehicle expenses, be prepared for detailed inspection from the IRS. These deductions are often flagged for review, especially when documentation is lacking
To stay ahead of their financial responsibilities, one smart habit that small business owners and bookkeepers can adopt is performing a mid-year QuickBooks® cleanup. Waiting until year end to review
If your organization has been around a while, you should be well acquainted with employment taxes. However, it’s important to stay vigilant regarding compliance obligations as an employer. Adhering to
Creating an estate plan is often seen as important but not urgent, leading many to postpone it indefinitely. Recognizing the reasons behind this procrastination can help you identify and overcome
Agility is key in today’s economy, where uncertainty reigns and businesses must be ready for anything. Highly skilled employees play a huge role in your ability to run an agile
After reaching age 73, individuals with traditional IRAs generally are mandated to start taking required minimum distributions (RMDs). However, they have the option of making qualified charitable distributions (QCDs) to
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