Asset Impairment is Expected to Hit 2020 Financial Statements
Some companies are expected to report impairment losses in fiscal year 2020 because [...]
Good Records are the Key to Tax Deductions and Trouble-Free IRS Audits
If you operate a small business, or you’re starting a new one, you [...]
Nonprofits: Carefully Navigate the Upcoming Election
The 2020 presidential election is fast approaching and your not-for-profit has a stake [...]
If You’re Selling Your Home, Don’t Forget About Taxes
Traditionally, spring and summer are popular times for selling a home. Unfortunately, the [...]
Re-Evaluate Your Company’s Competitiveness in a Changed Economy
Just about every business owner’s strategic plans for 2020 look far different now [...]
Rioting Damage at Your Business? You May be Able to Claim Casualty Loss Deductions
The recent riots around the country have resulted in many storefronts, office buildings [...]
Seniors: Can you Deduct Medicare Premiums?
If you’re age 65 and older, and you have basic Medicare insurance, you [...]
PPP Flexibility Act Eases Rules for Borrowers Coping with COVID-19
As you may recall, the Small Business Administration (SBA) launched the Paycheck Protection [...]
Revenue Recognition and Leases: FASB Gives Certain Entities More Time
Private companies and most nonprofits were supposed to implement updated revenue recognition guidance [...]
5 Steps to Streamline the Month-End Close
Many companies struggle to close the books at the end of the month. [...]