Did you bank make the list? Here at MCCPA we are gathering information about the banking trouble touching a number of clients and affecting our industry. We will share our finding with you as it is released. We feel that…
Audit & Accounting Brief: Common accounting pitfalls for startups to avoid
Accounting is a critical element when launching a successful business venture. Unfortunately, it’s also an area where startups tend to make mistakes. Here are some common (and avoidable) errors that entrepreneurs should watch out for. Failing to track expenses Starting…
NFA Compliance: Annual Affirmation Reminder
Commodity Pools: Reminder to Reaffirm Exemptions The CFTC requires any person that claims an exemption from Commodity Pool registration under CFTC Reg 4.13(a)(1), 4.13(a)(2), 4.13(a)(3), 4.13(a)(5), an exclusion from Commodity Pool registration under Reg 4.5 or a Commodity Trading Advisor…
Tax Brief: How to Qualify for the QBI Deduction.
If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is referred to as the pass-through deduction or the Section 199A deduction. The QBI deduction is: Available to owners…