As we all know, medical services and prescription drugs are expensive.
At this time of year, many business owners ask if there’s anything they can do to save tax for the year.
Working capital is the difference between a company’s current assets and current liabilities. For a business to thrive, its working capital must be greater than zero.
A hypothetical not-for-profit staffer named Britney had maxed out her personal credit cards. So when her car needed repairs, she reached for her employer’s card.
At many companies, a wide gap exists between the budgeting process and risk management.
For tax purposes, December 31 means more than New Year’s Eve celebrations. It affects the filing status box that will be checked on your tax return for the year.
If your company faces the need to “remediate” or clean up environmental contamination, the money you spend can be deductible on your tax return as ordinary and necessa
Change-in-control events — like merger and acquisition (M&A) transactions — don’t happen every day.
Accounting for contributions and grants has often proven complicated for not-for-profits, especially when they come with donor-imposed conditions.
Take a mental snapshot of your sales staff. Do only a few of its members consistently bring in high volumes of good margin sales?
You can reduce taxes and save for retirement by contributing to a tax-advantaged retirement plan.
A month after the new year begins, your business may be required to comply with rules to report amounts paid to independent contractors, vendors and others.
Most businesses report financial performance using U.S. Generally Accepted Accounting Principles (GAAP).
Your not-for-profit may have paid little attention to the European Union’s (EU’s) General Data Protection Regulation (GDPR), which took effect May 25, 2018.
Cloud computing — storing data and accessing apps via the Internet — has been widely adopted by businesses across industry and size.
There’s a tax-advantaged way for people to save for the needs of family members with disabilities — without having them lose eligibility for government benefits to whi
One of the most laborious tasks for small businesses is managing payroll.
Whether it’s hard hats and drills on a jobsite, iPads in an office or RFID readers in a warehouse, small tools and equipment have a tendency to disappear at many compa