Tax Brief: Why an LLC might be the best…
The business entity you choose can affect your taxes, your personal liability and other issues. A limited liability company (LLC) […]
Audit Brief: How much does a data breach cost?
As businesses and not-for-profit entities increasingly rely on technology, cyberthreats are becoming more sophisticated and aggressive. Auditors must factor these […]
Audit Brief: Contingent Liabilities – To report or Not…
Disclosure of contingent liabilities — such as those associated with pending litigation or government investigations — is a gray area […]
Audit Brief: Evaluate Financial Performance Before Year End
How often does your company generate a full set of financial statements? It’s common for smaller businesses to issue only […]
Tax Brief: Deduct More Under the Standard Mileage Rate
Business owners are aware that the price of gas is historically high, which has made their vehicle costs soar. The […]
Tax Brief: IRS Notices Go Out To Businesses
Businesses may receive notices about information returns that don’t match IRS records The IRS has begun mailing notices to businesses, […]
Audit Brief: Inflation Could Affect Your Financial Statements
Business owners and investors are understandably concerned about skyrocketing inflation. Over the last year, consumer prices have increased 8.3%, according […]
Audit Brief: Follow Up on Auditor’s Recommendations
Maintaining the status quo in today’s volatile marketplace can be risky. To succeed, businesses need to “level up” by being […]
Tax Brief: Partnership Taxes, Why you may be taxed…
Are you a partner in a business? You may have come across a situation that’s puzzling. In a given year, […]