How to prepare for year-end physical inventory counts

As year end approaches, it’s time for calendar-year entities to perform physical inventory counts. This activity is more than a compliance chore. Proactive companies see it as an opportunity to improve operational efficiency. Inventory basics Under U.S. Generally Accepted Accounting [...]

By |2018-12-14T11:59:19+00:00December 14th, 2018|Categories: Audit, Blog, Small Business Services, Tax|Tags: , |0 Comments

Can a PTO contribution arrangement help your employees and your business?

As the year winds to a close, most businesses see employees taking a lot of vacation time. After all, it’s the holiday season, and workers want to enjoy it. Some businesses, however, find themselves particularly short-staffed in December because they [...]

By |2018-12-10T12:45:38+00:00December 10th, 2018|Categories: Audit, Blog, Small Business Services, Tax|Tags: |0 Comments

Accounting for overhead costs

Accurate overhead allocations are essential to understanding financial performance and making informed pricing decisions. Here’s guidance on how to estimate overhead rates to allocate these indirect costs to your products and how to adjust for variances that may occur. What’s [...]

By |2018-12-10T12:42:35+00:00December 10th, 2018|Categories: Audit, Blog, Small Business Services, Tax|Tags: |0 Comments

Alternative Minimum Tax — What’s It Like Today?

The Tax Cuts and Jobs Act made many changes to the individual tax law, including the alternative minimum tax. One of the goals of the new tax law was to reduce the impact of the AMT or even to [...]

By |2018-12-05T14:32:11+00:00December 5th, 2018|Categories: Blog, Small Business Services|Tags: , |0 Comments

2019 Q1 tax calendar: Key deadlines for businesses and other employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2019. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us [...]

By |2018-12-03T15:02:10+00:00December 3rd, 2018|Categories: Blog, Small Business Services, Tax|0 Comments

Cybersecurity matters

Investors, lenders and other stakeholders have been vocal in recent years about pushing companies to provide more information in their financial reports about cybersecurity. Could your company do a better job disclosing cyberrisks and recent hacks? Most public companies could [...]

By |2018-11-30T13:14:39+00:00November 30th, 2018|Categories: Blog, IT & Security Services, Tax|0 Comments

When holiday gifts and parties are deductible or taxable

The holiday season is a great time for businesses to show their appreciation for employees and customers by giving them gifts or hosting holiday parties. Before you begin shopping or sending out invitations, though, it’s a good idea to find [...]

By |2018-11-27T12:09:11+00:00November 27th, 2018|Categories: Blog, Small Business Services, Tax|Tags: |0 Comments

Tax reform expands availability of cash accounting

Under the Tax Cuts and Jobs Act (TCJA), many more businesses are now eligible to use the cash method of accounting for federal tax purposes. The cash method offers greater tax-planning flexibility, allowing some businesses to defer taxable income. Newly [...]

By |2018-11-19T12:59:56+00:00November 19th, 2018|Categories: Blog, Tax|0 Comments

Tax Relief Available For California Fire Victims

Victims of wildfires ravaging parts of California in Butte, Los Angeles and Ventura counties can qualify for tax relief under the federal government’s major disaster declaration for the state, the Internal Revenue Service. The emergency declaration will give residential [...]

By |2018-11-16T13:56:53+00:00November 16th, 2018|Categories: Blog, Gregory C. Brown, Tax|Tags: , , , |0 Comments