With the devastation left behind by recent hurricanes, Congress has passed the Disaster Tax Relief and Airport and Airway Extension Act of 2017, with hurricane relief as the main focus.
If your company handles protected health care information (PHI), chances are that you’ve heard of HIPAA. Although discussions about HIPAA colloquially involve privacy, the HIPAA Security Rule is much more important and translates directly to IT systems.
Just as general managers and coaches have used analytics to transform the game of basketball, we must use these tools to make our businesses smarter and more efficient.
Do you understand the advantages and disadvantages of filing your taxes as a C corporation versus an S corporation? It may be worth your time to consider the differences and to determine which is best for you and your business.
In the aftermath of a hurricane, most people focus on the devastation and subsequent relief efforts to clean up the mess and get back to normal. However, there are still IRS deadlines looming in the distance that might be overlooked.
For a business owner at an early-stage startup looking for an outside investor, maintaining a sound set of financial statements is not only key to securing capital but is important for assessing the health of your business.
When you’re mired deep in the day-to-day challenges of the management of your business, it’s often hard to step out of the trees and take a good hard look at the forest. But at various points in the business cycle, it’s important to do just that.
Few manufacturing and distribution businesses really execute proper benchmarking – internal or external – despite its many benefits.
Recent Tax Court rulings will make it possible for investors in lower tax jurisdictions to save significant tax by not subjecting the gain on the sale of the investment to U.S. taxation.
For CPAs and business advisors, thought-provoking questions are the most valuable tool for learning a client’s business and financial challenges. When you ask thought-provoking questions about potential problems or opportunities, it expands a person’s perception of what you can do for them.