Accounts receivables are classified under current assets on the balance sheet if you expect to collect them within a year or within the operating cycle, whichever is l
Real-Time Strategic Planning (RTSP) offers not-for-profits a fluid approach to identifying, understanding and acting on challenges and opportunities to advance their m
In many industries, offering a 401(k) plan is a competitive necessity.
If you’re self-employed and work out of an office in your home, you may be entitled to home office deductions. However, you must satisfy strict rules.
If you’re a parent, or if you’re planning on having children, you know that it’s expensive to pay for their food, clothes, activities and education.
Roughly half of CFOs believe an economic recession will hit by the end of 2020, and about three-quarters expect a recession by mid-2021, according to the 2019 year-end
Outside financial audits may seem like an extravagance to not-for-profits working to contain costs and focus on their mission.
Have you applied for a business loan lately? Or had some repairs done on your facilities?
Do you conduct your business as a sole proprietorship or as a wholly owned limited liability company (LLC)?
Married couples often wonder whether they should file joint or separate tax returns. The answer depends on your individual tax situation.
Auditors use various procedures to verify the amounts reported on your financial statements.
A key fiduciary duty of your not-for-profit’s board of directors is to oversee and monitor the organization’s financial health.
Many of today’s businesses employ workers from across the generational spectrum.
Many people who launch small businesses start out as sole proprietors. Here are nine tax rules and considerations involved in operating as that entity.
Perhaps you’re an investor in mutual funds or you’re interested in putting some money into them. You’re not alone.
Finding the right person to head up your company’s finance and accounting department can be challenging in today’s tight labor market.
The deductibility of most charitable gifts hasn’t changed since passage of the Tax Cuts and Jobs Act, but some recordkeeping requirements have.
To guard against natural disasters and other calamities, many companies buy business interruption insurance.
If you’re getting ready to file your 2019 tax return, and your tax bill is higher than you’d like, there may still be an opportunity to lower it.
Are you an employer who owns a business where tipping is customary for providing food and beverages?
Contingent liabilities reflect amounts that your business might owe if a specific “triggering” event happens in the future.