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

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

Why construction businesses should pay attention to the new lease standard

If you own a business, then you have likely heard the buzz around the new lease accounting standard and the significant impact it will have on the way you record leases. For construction and other lease-heavy industries, we can expect [...]

By |2018-11-14T17:39:29+00:00November 14th, 2018|Categories: Blog, Justin Scripps, Small Business Services, Tax|Tags: |0 Comments

It’s not too late: You can still set up a retirement plan for 2018

If most of your money is tied up in your business, retirement can be a challenge. So if you haven’t already set up a tax-advantaged retirement plan, consider doing so this year. There’s still time to set one up [...]

By |2018-11-12T12:57:24+00:00November 12th, 2018|Categories: Blog, Small Business Services, Tax, Uncategorized|Tags: |0 Comments

A fresh look at percentage of completion accounting

How do you report revenue and expenses from long-term contracts? Some companies that were required to use the percentage of completion method (PCM) under prior tax law may qualify for an exception that was expanded by the Tax Cuts and [...]

LIFO lessons learned

You have choices when it comes to reporting inventory costs. One popular technique — the last-in, first-out (LIFO) method — assumes that merchandise is sold in the reverse order it was acquired or produced. That is, it allocates the most [...]

By |2018-11-02T12:43:42+00:00November 2nd, 2018|Categories: Blog, Small Business Services, Tax|Tags: |0 Comments