If you plan on becoming a commodity pool operator, you should be aware of the registration requirements as well as the qualifications to operate an exempt commodity pool. Exempt commodity pools are still required to follow the registration outlined in…
Tax Brief: Choosing an Entity for your new business
If you’re starting a business with some partners and wondering what type of entity to form, an S corporation may be the most suitable form of business for your new venture. Here are some of the reasons why. A big benefit…
Broker Dealer Update: FINRA shares bank concern
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…