Create a Strong System of Checks & Balances
The Securities and Exchange Commission (SEC) requires public companies to evaluate and report on internal controls over financial reporting using a recognized control...
07 April, 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.
Matchmaker, Matchmaker: Choosing the Right Lender
It is easy to think of lenders as doing your company a favor. However, business-financing relationships are just that: relationships. Yes, a lender...
05 April, 2017
Saving Tax with Home-Related Deductions & Exclusions
Currently, home ownership comes with many tax-saving opportunities. Consider both deductions and exclusions when you are filing your 2016 return and tax planning...
04 April, 2017
Dealing With an IRS Audit
IRS data indicates that fewer than one percent of all individual income tax returns are audited each year. That is true, but some...
04 April, 2017
April 18
Individuals: File a 2016 income tax return. If you want an automatic six-month extension of time to file the return, file IRS Form...
03 April, 2017
Three Financial Statements You Should Know
Successful business people have a solid understanding of the three financial statements prepared under U.S. Generally Accepted Accounting Principles (GAAP). A complete set...
31 March, 2017
Consider Key Person Insurance as a Succession Plan Safeguard
In business, and in life, among the most important ways to manage risk is through insurance. For certain types of companies — particularly...
29 March, 2017
2017 Quarter 2 Tax Calendar: Key Deadlines for Businesses & Other Employers
Here are key tax-related deadlines affecting businesses and other employers during the second quarter of 2017. Keep in mind this list is not...
28 March, 2017
How Auditors Evaluate Fraud Risks
Assessing fraud risks is an integral part of the auditing process. The Statement on Auditing Standards (SAS) No. 99, Consideration of Fraud in...
24 March, 2017
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