Part of our job as advisors is explaining important issues in the simplest possible terms and laying out possible strategies and solutions. We’re not looking to confuse you—we’re here to enlighten you and expand your understanding. Bookmark this page or subscribe to our weekly newsletter for a steady stream of helpful articles.
With the help of artificial intelligence (AI), many time-consuming accounting and bookkeeping processes, such as transaction coding and financial analysis, can now be streamlined. AI helps finance and accounting teams
KPM CPAs & Advisors (KPM) is proud to announce a recent national distinction the firm has received based on revenue. Accounting Today has included KPM among the top Midwest firms
Remote and hybrid work have become a permanent part of the modern workforce. Many businesses are now hiring remote employees across state lines or allowing existing employees to relocate while
A valuable asset to have in your estate is a Health Savings Account (HSA). Withdrawals from HSAs for qualified medical expenses are tax free, the funds grow on a tax
Accurate timekeeping practices are essential for non-profits. Most organizations are often juggling multiple programs, funding sources, and staffing structures simultaneously. Certain records are required to be kept under federal and
Practices that are critical to your business’ financial health include efficient and accurate billing practices. Revenue leakage, cash flow shortages, and customer attrition are all side effects of billing errors
April 15, 2026 is the 2025 federal income tax return due date, but that’s not the only item with the April 15 deadline. If you don’t catch it, you could
Last year, when the One Big Beautiful Bill Act (OBBBA) was enacted, so were a lot of tax-related provisions that are now affecting 2025 federal income tax return filing. But,
As part of their employee benefits packages, many businesses offer health care and dependent care flexible spending accounts (FSAs). For employees, these plans provide valuable tax savings. For employers, these
It’s a common business practice to use social media platforms to increase brand and product awareness while driving traffic to your website. If your company sells consumer goods or services,
Employee benefits can quickly become outdated as tax laws change, new guidance is issued, and workforce needs evolve. If your organization sponsors a cafeteria plan, regular reviews are essential to
Materiality is a fundamental concept that guides the financial reporting process. Essentially, materiality helps determine which financial information is significant enough to influence the decisions of financial statement users and
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