The accounting industry is always evolving amid complex rules and regulations. These articles feature timely updates on a variety of accounting topics.
Evaluating Going Concern Issues
Financial statements are generally prepared under the assumption that the business will remain a 'going concern.' That is, it is expected to continue...
10 March, 2017
Playing Defense as Stock Prices Soar
Recently, major U.S. stock market indexes are at or near record highs. This bullish run might continue, or it might end with a...
08 March, 2017
Listen & Trust: The Power of Collaborative Management
Many business owners are accustomed to running the whole show. But as your company grows, you will likely be better off sharing responsibility...
08 March, 2017
When an Elderly Parent Might Qualify as Your Dependent
It is not uncommon for adult children to help support their aging parents. If you are in this position, you might qualify for...
07 March, 2017
Cooking the Books
What is the most costly type of white collar crime? On average, a company is likely to lose more money from a scheme...
03 March, 2017
March 15
Partnerships: File a 2016 calendar-year return (IRS Form 1065). Provide each partner with a copy of Schedule K-1 (IRS Form 1065), Partner’s Share...
02 March, 2017
Do Not Make Hunches — Crunch the Numbers
Some business owners make major decisions by relying on gut instinct, but investments made on a 'hunch' often fall short of management’s expectations. In...
01 March, 2017
Tangible Property Safe Harbors Help Increase Deductions
If last year your business made repairs to tangible property, such as buildings, machinery, equipment, or vehicles, you may be eligible for a...
28 February, 2017
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