Blog

Chris Wittich | Sep. 11, 2024

IRS Claims Processing Update

John Csargo | Sep. 9, 2024

It’s Time for Your Small Business to Think About Year-End Tax Planning

With Labor Day in the rearview mirror, it’s time to take proactive steps that may help lower your small business’s…

Ashley Klemann | Sep. 9, 2024

Precautions to Protect your Personal Data

Company data breaches have become more frequent every year. In 2024, hackers have compromised customer data everywhere from AT&T and…

Jasmin McKenzie | Sep. 4, 2024

Welcome Charitable Pledges — and Account for Them Properly

The difference between financial pledges and donations is relatively simple: Pledges are promises to donate sometime in the future, and…

Matthew Koch | Aug. 29, 2024

Evaluating Your Manufacturing Company’s Multistate Tax Liability

When operating across state lines, it’s critical for manufacturers to understand their multistate tax liability. To determine state tax liability,…

Becky Gibbs | Aug. 28, 2024

Practical Accounting Practices for Companies Using Factoring

Factoring can be a game-changer for businesses looking to improve their cash flow. By selling receivables to a factoring company,…

Becky Gibbs | Aug. 23, 2024

Restricted Gifts: What To Do When Strings Are Attached

Brad, the development director of an international environmental charity, was thrilled to learn from a fundraising staffer that one of…

John Csargo | Aug. 19, 2024

Closing a Business Involves a Number of Tax Responsibilities

While many facets of the economy have improved this year, the rising cost of living and other economic factors have…

Ashley Sparks | Aug. 19, 2024

How to Choose the Best Inventory Accounting Method for Your Manufacturing Company

Your choice of accounting method for determining the value of your manufacturing company’s inventory can significantly impact your overall tax…

Jack McHatton | Aug. 14, 2024

Update On a Possible Universal Charitable Deduction

During the COVID-19 pandemic, Congress temporarily enabled individual charitable donors who didn’t itemize federal income tax deductions to deduct up…

Ashley Klemann | Aug. 12, 2024

Private Equity: Should It Be a Part of Your Portfolio?

You may have heard about private equity but also may not know very much about it. Many investors are not…

Sam Johnson | Aug. 6, 2024

Understanding the Capital Gain Exclusion on Personal Residences

Homeownership is a primary goal for many Americans, which is why around two-thirds of homes in the US are owner-occupied.…

Kevin Berg | Jul. 30, 2024

The Death of the Chevron Doctrine

Ever since it was established in 1984 in the case Chevron v. Natural Resources Defense Council, the “Chevron Doctrine” has…

Sam Johnson | Jul. 29, 2024

Unlocking Your Retirement Account: Understanding Substantially Equal Periodic Payment (SEPP)

Have you reached financial independence but have continued to work until age 59.5 to avoid the 10% early withdrawal penalty?…

Brandon Dunigan | Jul. 29, 2024

New Beneficial Ownership Reporting Requirements Effective January 2024: What You Need to Know

Effective January 1, 2024, many companies in the United States must report information about their beneficial owners—the individuals who ultimately…