Annual Certified Audit Report Deadlines: SEC, Finra, NFA…
Critical dates for submitting certified annual audits: NFA: Futures Commission Merchants , if 12/31 Fiscal Year End: March 1, 2021 […]
Year End Audits: Are your financial statements transparent about…
The basics Restricted cash is a separate category of “cash and cash equivalents” that isn’t available for general business operations […]
Tax Implications of Buying or Selling A Business
Merger and acquisition activity in many industries slowed during 2020 due to COVID-19. But analysts expect it to improve in […]
Annual Audits: Why Footnote Disclosures Are Important
The footnotes to your company’s financial statements give investors and lenders insight into account balances, accounting practices and potential risk […]
Tax Amounts Affecting Businesses Have Increased for 2021
A number of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2021. Some […]
FINRA to Administer Futures Industry Proficiency Exams on Behalf…
Beginning January 19, 2021, FINRA will be administering the Series 3, Series 30, Series 31, Series 32, and Series 34 […]
Commodity Pool and Commodity Trading Advisor Exemption Affirmation Deadline
The CFTC requires any CPO claiming one of these exemptions: Regulation 4.13(a)(1), (a)(2), (a)(3), and (a)(5), an exclusion under Reg. […]
PPP Loans Have Reopened: Be Aware of the Tax…
The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened the week of January 11. If you’re fortunate […]
Potential Tax Benefits: Thoughts on converting from a C…
The right entity choice: Should you convert from a C to an S corporation? The best choice of entity can […]