Business owners often complain that they’re required to provide too many disclosures under U.S. Generally Accepted Accounting Principles (GAAP).
The number of taxpayers who itemize deductions on their federal tax return — and, thus, are eligible to deduct charitable contributions — is estimated by the Tax Policy Center to drop from 37% in 2
You’ve probably heard or read the term “big data” at least once in the past few years.
Although the drop of the corporate tax rate from a top rate of 35% to a flat rate of 21% may be one of the most talked about provisions of the Tax Cuts and Jobs Act (TCJA), C corporations aren’t th
Owners of private businesses often wonder: How much is my business interest worth? Financial statements are a logical starting point for answering this question.
Not-for-profit board officers, directors, trustees and key employees must avoid conflicts of interest because it’s their duty to do so.
For many years, owners of small and midsize businesses looked at outsourcing much like some homeowners viewed hiring a cleaning person. That is, they saw it as a luxury.
Today’s auditors spend significant time determining whether amounts claimed on the income statement capture the company’s financial performance during the reporting period.
After a flurry of year-end fundraising, you and your not-for-profit’s staff are probably ready for a little break. Your supporters may be tired, too.
For many companies, there comes a time when owners must decide whether to renew a lease, move on to a different one or buy new (or pre-existing) space.