insights
Blog Posts
We provide our clients with the most up-to-date industry insights on a wide range of relevant topics.
What Business Owners Should Know About the R&D Payroll Tax Credit in 2024
4/22/24 7:10 AMAcross the country and across many industries, there is an ongoing need to innovate. Of course, coming up with the next ...
Preparing for Transition? Make a Successful Ownership Transition by Knowing Your Options
4/10/24 7:18 AMYou’ve started and established your business, despite everything that was against you. But that doesn’t mean that it’s t...
New Income Tax Disclosure Requirements: What It Means for Your Business
2/28/24 9:45 AMIn March 2023, the Financial Accounting Standards Board (FASB) proposed a number of changes to income tax disclosures in...
Non-Financial Factors that Drive Value for Privately-Held Companies
2/28/24 8:57 AMThe owners of privately held companies are often focused on generating cash flow to drive a higher value for their compa...
What Not-For-Profit Organizations Need to Know About Financial Statements
2/28/24 6:20 AMTax-exempt status for not-for-profit organizations allows them to devote their resources to pursuing their missions. To ...
Six Factors to Help Determine Whether a Worker Is an Employee or Independent Contractor
1/18/24 6:47 AMA recent U.S. Department of Labor (DOL) rule was issued to help business owners properly classify workers as employees o...
If Your Business Files >10 Information Returns, E-File Is Now Required
1/18/24 5:43 AMA rule change, effective Jan. 1, 2024, for the 2023 tax year, requires businesses that file 10 or more information retur...
To Sell or Not to Sell: Is a Business Sale Needed to Generate Liquidity or Can IRC Section 6166 Save the Day?
1/9/24 6:14 AMWith changes to the estate tax rules, effective Jan. 1, 2026, many owners of closely held businesses will face serious r...
2024 Q1 Key Tax Deadlines for Businesses and Other Employers
12/27/23 6:33 AMBelow you will find key tax-related deadlines affecting businesses and other employers during the first quarter of 2024....
Business Mileage Rate Increases to 67¢ in 2024
12/27/23 5:34 AMThe IRS announced that the standard mileage rate for the business use of a car, van, pickup or panel truck will be 67¢ c...