How businesses can reinvigorate strategic planning

Friday, May 03, 2024
For businesses, and people for that matter, the beginning of the calendar year can be a bit of a grind. The holidays have passed, summer vacations are relatively far off...... Read More

Livingston Office Closed

Thursday, May 02, 2024
We regret to inform you that our Livingston office will be temporarily closed due to unexpected flooding. We kindly ask for your patience and understanding as we navigate this challenging...... Read More

Cash vs. accrual accounting: What’s the difference?

Thursday, May 02, 2024
Financial statements are critical to monitoring your business’s financial health. In addition to helping management make informed business decisions, year-end and interim financial statements may be required by lenders, investors...... Read More

A job loss is bad but the tax implications could make it worse

Tuesday, April 30, 2024
Unemployment has been holding steady recently at 3.7%. But there are still some people losing their jobs — particularly in certain industries including technology and media. If you’re laid off...... Read More

Taking your spouse on a business trip? Can you write off the costs?

Monday, April 29, 2024
A recent report shows that post-pandemic global business travel is going strong. According to a report from Research and Markets, the market reached $665.3 billion in 2022 and is estimated...... Read More

3 common forms of insurance fraud

Friday, April 26, 2024
Businesses of all shapes and sizes are well-advised to buy various forms of insurance to manage operational risks. But insurance itself is far from risk-free. You might overpay for a...... Read More

Why it’s important to get your company’s financials done on time

Thursday, April 25, 2024
Have you completed your company’s year-end financial statements yet? Most calendar-year entities issue their year-end financials by March of the following year. Lenders and investors may think the worst if...... Read More

New option for unused funds in a 529 college savings plan

Tuesday, April 23, 2024
With the high cost of college, many parents begin saving with 529 plans when their children are babies. Contributions to these plans aren’t tax deductible, but they grow tax deferred....... Read More

What’s the best accounting method route for business tax purposes?

Monday, April 22, 2024
Businesses basically have two accounting methods to figure their taxable income: cash and accrual. Many businesses have a choice of which method to use for tax purposes. The cash method...... Read More

Guidance on tax treatment of energy efficiency rebates

Friday, April 19, 2024
The Inflation Reduction Act (IRA) established and expanded numerous incentives to encourage taxpayers to increase their use of renewable energy and adoption of a range of energy-efficient improvements. In particular,...... Read More