Jun 24, 2024 | Accounting, Advisory, Blog, Tax
If you are financially successful or expect to become so, taxes are or will become one of your biggest expenses — and most people want to minimize their tax obligations. Roughly two-thirds of Americans say that they pay too much in federal income taxes, according to a...
May 1, 2023 | Accounting, Advisory, Audit, Blog
Small and medium-sized companies are particularly prone to employee theft because they typically do not have the staff available to assign more than one employee to processes to help ensure that fraud does not take place. Assigning more than one employee to certain...
Feb 27, 2023 | Advisory, Blog, Cybersecurity
According to a recent survey by software company Medius and researcher Censuswide, middle-market businesses lose an average of almost $300,000 annually to invoice fraud. Invoice fraud can be challenging to spot — and even more difficult to recover from — but your...
Jan 30, 2023 | Accounting, Advisory, Blog, SBA
How inventory is accounted for can have a significant impact on your tax bill if your business involves the production, purchase, or sale of products. In some cases — particularly during periods of high inflation and stable inventory levels — adopting the last-in,...
Dec 12, 2022 | Advisory, Audit, Blog
It might be time for your company to upgrade (or downgrade) its level of assurance. Most organizations hire a CPA to issue financial statements that conform to U.S. Generally Accepted Accounting Principles (GAAP), but not all financial statements are created equal....
Oct 24, 2022 | Advisory, Blog, Exit Planning
Succession planning is important in any business, but it is sometimes overlooked in family-owned operations. This is a big mistake. There are many family-run companies that no longer exist because of a poor succession plan or none at all. Begin the Conversation The...
