Thomson Reuters

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So far Thomson Reuters has created 9 blog entries.

Finding a Pot of Gold in Your Financials

Feeling lucky? How to find a pot of gold in your financials Every business experiences occasional cash shortages. When this happens, owners often assume they should go out and sell more. But this strategy can sometimes compound money troubles [...]

By | 2018-03-13T14:34:05+00:00 March 10th, 2018|Categories: Blog|Tags: , |0 Comments

Classifying Shareholder Advances

How to Classify Shareholder Advances Owners of closely held businesses sometimes need to advance their companies money to bridge a temporary downturn or provide extra cash flow for an expansion, a major expense or other purposes. Should you categorize [...]

By | 2018-03-13T14:47:33+00:00 March 2nd, 2018|Categories: Audit, Blog|Tags: |0 Comments

Tax Credit for Hiring from “Target Groups”

Tax Credit for Hiring from Certain “Target Groups” Can Provide Substantial Tax Savings Many businesses hired in 2017, and more are planning to hire in 2018. If you’re among them and your hires include members of a “target group,” [...]

By | 2018-02-28T13:58:40+00:00 February 28th, 2018|Categories: Blog, Tax|Tags: |0 Comments

What is Job Cost Reporting?

What is Job Cost Reporting? Custom jobs require ongoing supervision to achieve the best financial results. Whether you’re a general contractor constructing a strip mall, a manufacturer building made-to-order parts or an architect drawing up blueprints, once a project [...]

By | 2018-02-28T13:21:28+00:00 February 28th, 2018|Categories: Audit, Blog|Tags: |0 Comments

For-Profit vs. Not-for-Profit Reporting Goals

For-profit vs. not-for-profit: Compare and contrast financial reporting goals As the term suggests, for-profit companies are driven primarily by one goal — to maximize profits for their owners. Nonprofits, on the other hand, are generally motivated by a charitable [...]

By | 2018-02-20T12:52:20+00:00 February 20th, 2018|Categories: Audit, Blog|Tags: |0 Comments

Claiming Bonus Depreciation on your 2017 Tax Return

Claiming Bonus Depreciation on Your 2017 Tax Return May be Particularly Beneficial With bonus depreciation, a business can recover the costs of depreciable property more quickly by claiming additional first-year depreciation for qualified assets. The Tax Cuts and Jobs [...]

By | 2018-02-14T14:30:19+00:00 February 14th, 2018|Categories: Blog, Tax|Tags: , |0 Comments

Auditing Work in Progress

Auditing Work in Progress Financial statement auditors spend a lot of time evaluating how their clients report work in progress (WIP) inventory. Here’s why this account warrants special attention and how auditors evaluate whether WIP estimates seem reasonable. Accounting [...]

By | 2018-02-02T13:38:26+00:00 February 2nd, 2018|Categories: Audit, Blog|Tags: , |0 Comments