Audit Brief: Restating Financial Results
Restating financial results In the first half of 2021, there was a surge in financial restatements. The reason relates to […]
Audit Brief: Review Financial Statements to Read the Entire…
A complete set of financial statements for your business contains three reports. Each serves a different purpose, but ultimately helps […]
Audit Brief: Focus on Internal Controls to Ensure Integrity
Businesses rely on internal controls to help ensure the accuracy and integrity of their financial statements, as well as prevent […]
Tax Brief: Is an LLC the right choice for…
Perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to […]
Tax Brief: Deductibility of Corporate Expenses
Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These […]
Tax Brief: Handling Your Start-Up Expenses on Your Tax…
Despite the COVID-19 pandemic, government officials are seeing a large increase in the number of new businesses being launched. From […]
Tax Brief: 10 Facts about a Valuable Tax Deduction
Are you eligible to take the deduction for qualified business income (QBI)? Here are 10 facts about this valuable tax […]
Tax Brief: Eligible Businesses can Claim the Employee Retention…
The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue […]
Audit Brief: Small Businesses Have Accounting Options
Businesses need financial information that’s accurate, relevant and timely. The Securities and Exchange Commission requires publicly traded companies to follow […]