Reporting Restricted Cash
Your company’s financial statements should be transparent about any restrictions on cash. Are your reporting practices in compliance with the current accounting guidance? The...
19 February, 2021
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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.
Not Disclosing All of Your Assets Helps No One
People sometimes keep assets hidden without letting their families know about their location or even that they exist. Similarly, they may have life...
18 February, 2021
How Non-Profits Can Work with Social Media Influencers
With the competition for donation dollars fierce right now, many non-profits are turning to influencers — from Hollywood celebrities to politicians to notable...
17 February, 2021
Building Customers’ Trust in Your Website
The events of the past year have taught business owners many important lessons. One of them is that, when a crisis hits, customers...
17 February, 2021
Did You Make Donations In 2020? There is Still Time to Get Substantiation.
If you are like many Americans, letters from your favorite charities may be appearing in your mailbox acknowledging your 2020 donations. But what...
16 February, 2021
Tax Implications When Buying or Selling a Business
Merger and acquisition activity in many industries slowed during 2020 due to COVID-19. Analysts do expect it to improve in 2021, however, as...
16 February, 2021
Factor in Fraud When Selling Customer Invoices
If your business struggles to generate steady cash flow from operations, factoring is a possible solution. With factoring, a business sells the right...
16 February, 2021
Should My Distressed Company Consider Debt Restructuring?
Many businesses have experienced severe cash flow problems during the COVID-19 pandemic. As a result, some may have delayed or missed loan payments....
12 February, 2021
2021 Adjusted Penalties for Health Benefits & Other Employer Plans
The U.S. Department of Labor (DOL) recently announced the 2021 annual adjustments to civil monetary penalties for a wide range of benefits-related violations....
12 February, 2021
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