Does Your Business Have Too Much Cash?
From the time a business opens its doors, the owner is told “cash is king.” It may seem intuitive that having a very...
19 July, 2017
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KPM is a highly experienced firm of CPAs and advisors that has served clients throughout Southwest Missouri for decades. As you may know, the accounting industry is always evolving amid complex rules and regulations. As a result, our firm publishes timely updates on a variety of accounting topics to help keep you informed.
Three Mid-Year Tax Planning Strategies for Business
Tax reform has been a major topic of discussion in Washington, but it is still unclear exactly what such legislation will include and...
18 July, 2017
July 31
Employers: For Social Security, Medicare, and withheld income tax, file IRS Form 941 for the second quarter of 2017. Deposit any undeposited tax....
18 July, 2017
Taxable Versus Tax-Deferred Accounts
Some people do all of their investing in an employer-sponsored retirement plan where earnings are untaxed until withdrawn, and perhaps in an individual...
18 July, 2017
Look Beyond Earnings Before Interest, Taxes, Depreciation, & Amortization (EBITDA)
EBITDA is commonly used to assess financial health and evaluate investment decisions. However, sometimes this metric overstates a company’s true performance, ability to...
14 July, 2017
Make Sure Your Company is Prepared for Any Disaster
What could stop your company from operating for a day, month, or year? A flood or fire? Perhaps a key supplier shuts down...
12 July, 2017
Own a Vacation Home? Adjusting Rental Vs. Personal Use Might Save Taxes.
Now that it is midsummer, if you own a vacation home that you both rent out and use personally, it is a good...
11 July, 2017
Less Than Six Months Until the New Contract Revenue Guidance Goes Live!
The sweeping new revenue recognition standard goes into effect soon, but many companies are behind on implementing it. Whether your company is public...
07 July, 2017
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