Update Your Beneficiary Designations

Update Your Beneficiary Designations Who have you designated as beneficiaries for your insurance policies and retirement accounts? If you can't remember, … [Read more...]

Use the 80-20 Rule to Increase Your Business Profits

How well do you know your customers? Which ones are the most profitable? Which ones take most of your time? It's worth taking the time to find out. If your … [Read more...]

Does Your Business Make Use of Your Financial Statements?

Many small business owners pay too little attention to their financial statements. This is due in part to not understanding just what the statements have to … [Read more...]

You Are Getting Audited: Here’s What To Do

Most of us will never be audited. But when it does happen, it might feel a little scary. The truth of the matter is IRS auditors do audits every day. They know … [Read more...]

Competitive Bidding Threshold

A new law requires cities, school districts, and other local governmental entities to engage in the competitive bidding process only for contracts over … [Read more...]

Deploy a Gift-Giving Strategy

It’s time to work on your 2019-2020 gifting plan if you haven’t started yet. As you plan, remember that the annual exclusion lets you make gifts up to $15,000 … [Read more...]

Conduct An Annual Estate Plan Review

The estate tax is still alive and well, so as part of your annual estate plan review you should update your will and other estate documents. Remember that the … [Read more...]

Audit, Review, and Compilation: 3 Distinct Levels of Service

Audit, Review, and Compilation are three distinct levels of service relating to financial statement reporting that we provide our business clients. Each is a … [Read more...]

Guidance on IRS Deduction for Business Meals and Entertainment

On October 3, 2018, the IRS issued Notice 2018-76, Expenses for Business Meals Under § 274 of the Internal Revenue Code, stating its intent to publish proposed … [Read more...]

How To Avoid Common Errors in a Business Valuation

The costliness of errors in a business valuation is one reason our team members spend hours to earn their Certified Valuation Analyst credentials so that errors … [Read more...]