In the News

Copyright 2020
The Tax Cuts and Jobs Act (TCJA) permanently eliminated deductions for most business-related entertainment expenses paid or incurred after 2017. For example, you can no longer deduct 50% of the cost of taking clients out for a round of golf.
Copyright 2020
The receiving dock is an often-neglected cash leak for manufacturers. Shipment delays, poor labeling and confusing packaging can severely slow production and cut your profitability.
Copyright 2020

When the busy season comes, the last thing on your mind is accounting for your projects. You and your employees are concerned with only one thing: keeping up in delivering quality projects on time.

Bookkeeping comes long after your firm's other priorities such as...

• a broken down delivery truck with five pallets of job-site materials on the highway,

Copyright 2020
If you're an employee of your practice, you may receive company-paid long-term disability insurance coverage as a tax-free fringe benefit.
Copyright 2020
Do these behaviors sound familiar? Difficult to please and easy to disappoint. Constantly whining, complaining, pouting, sulking. Downright negative. Do these definitions describe any of your employees or the people you work with?
Copyright 2020
When you got married, you knew it was for "better or worse." But you might not know about laws that hold you responsible if your spouse cheats on a tax return.
Copyright 2020
Roughly 15 million individual taxpayers filed for an automatic six-month extension for the 2018 tax year, according to the IRS, compared with about 10 million people in previous years. Why did the number of extensions surge last year? Most changes under the Tax Cuts and Jobs Act went into effect in 2018. So, many people who filed an extension weren't just procrastinating — they were taking extra time to digest the 2017 tax law.
Copyright 2020
Tax season is well under way. Have you filed (or extended) your individual federal tax return for 2019 yet? You may still have time to make some moves between now and the April 15 filing deadline to lower your 2019 tax bill. Here some last-minute tax-saving options to consider.
Copyright 2020
The death of a worker at an industrial site, together with an OSHA fine for a serious violation of safety precautions, highlights a critical safety issue your company cannot afford to neglect: Work areas need to be kept dry.
Copyright 2020
Many construction bookkeepers have gaps in their knowledge about how to produce quality financial statements. That can matter at year-end. There is only so much your accounting or tax advisor can do at the end of the financial year to correct or modify poorly recorded transactions.

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