The accounting industry is always evolving amid complex rules and regulations. These articles feature timely updates on a variety of accounting topics.
The Securities and Exchange Commission (SEC) requires public companies to provide their financial statements in the eXtensible Business Reporting Language (XBRL) format as...
One common configuration of employee benefits today is a cafeteria plan with options for pre-tax contributions that include a health Flexible Spending Account...
“That is just the cost of doing business.” You have probably heard this expression many times. While it is true that, to invoke...
Many non-profits supplement their usual income-producing activities with sponsorships or advertising programs. Although you are allowed to receive such payments, they are subject...
If you received a large refund after filing your 2017 income tax return, you probably are enjoying the influx of cash. But a...
The bookkeeper is one of any company’s most trusted employees. Unfortunately, that trust is not always deserved. Bookkeepers, particularly those in small and...
If your profits are falling compared to revenue and assets, your financial statements may provide insight into what is happening and how to...
The summer months are approaching and, with them, the prospect of many employers offering unpaid internships to high school and college students. If...
Employers: For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in April if the monthly rule applies....