Asset Impairment in 2020 Financial Statements
Some companies are expected to report impairment losses in fiscal year 2020 because of the COVID-19 crisis. Depending on the nature of your...
19 June, 2020
The accounting industry is always evolving amid complex rules and regulations. These articles feature timely updates on a variety of accounting topics.
Succession & Estate Planning Considerations
Transferring a family business to the next generation requires a delicate balancing act. Estate and succession planning strategies are not always compatible, and...
18 June, 2020
Evaluating Your Company’s Competitiveness In A Changed Economy
Just about every business owner’s strategic plans for 2020 look far different now than they did heading into the year. The COVID-19 pandemic...
17 June, 2020
How to Navigate Election Season as a Non-Profit
The 2020 presidential election is fast approaching and your non-profit has a stake in its outcome. But that does not mean your organization...
17 June, 2020
Good Recordkeeping is Key to Tax Deductions & Efficient IRS Audits
If you operate a small business, or you are starting a new one, you probably know you need to keep records of your...
16 June, 2020
Using Smart Software to Detect Fraud
Machine learning increasingly is being used to discover fraud schemes. With this type of artificial intelligence (AI), the technology learns or improves in...
15 June, 2020
Is It Time To Outsource Finance & Accounting?
Outsourcing may appeal to organizations that are currently struggling with mounting overhead costs during the COVID-19 crisis. By outsourcing, you convert certain fixed...
12 June, 2020
COVID-19-Related Deadline Relief Affects HSAs & Retirement Plans
The IRS recently issued another notice extending tax deadlines because of the COVID-19 pandemic. Notice 2020-35 supplements IRS Notice 2020-23 and earlier guidance...
12 June, 2020
Trust Disclosures Required by State Law
You may have good intentions in keeping a trust a secret from its beneficiaries. Perhaps you have concerns that, if your children or...
11 June, 2020
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