Does Your Business Have A Unique Selling Proposition?
Many business owners — particularly those who own smaller companies — spend so much time trying to eliminate weaknesses that they never fully...
15 July, 2020
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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.
Conduct A ‘Paycheck Checkup’ To Make Sure Your Withholding Is Adequate
Did you recently file your federal tax return and were surprised to find you owed money? You might want to change your withholding...
14 July, 2020
Businesses: Get Ready For The New IRS Form 1099-NEC
There is a new IRS form for business taxpayers that pay or receive nonemployee compensation. Beginning with tax year 2020, payers must complete Form...
14 July, 2020
‘Reputable’ Professionals May Turn to Money Laundering During COVID-19 Crisis
With COVID-19 still raging in much of the country, the opioid crisis may not be the top public health challenge on most Americans’...
13 July, 2020
IRS Guidance On Coronavirus-Related Retirement Plan Distributions
In Notice 2020-50, the IRS recently provided guidance on ‘coronavirus-related distributions’ from retirement plans under Section 2202 of the Coronavirus Aid, Relief, and...
10 July, 2020
Reporting Embedded Leases
In 2016, the Financial Accounting Standards Board (FASB) published guidance that requires major changes to how leases are reported on financial statements. One...
10 July, 2020
Estate Planning Considerations For Adopted Children & Unadopted Stepchildren
If you have adopted children or unadopted stepchildren, estate planning is critical to ensure that your property is distributed the way you desire. Adopted...
09 July, 2020
An Advisory Board Can Complement Your Non-Profit’s Board Of Directors
Your non-profit has a board of directors — so why would it need an additional advisory board? There are a few reasons. Some...
08 July, 2020
Six Key IT Questions To Ask In The New Normal
The sudden shutdown of the economy in March because of the COVID-19 pandemic forced many businesses to rely more heavily on technology. Some...
08 July, 2020
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