October 25, 2017
Entrepreneurs go in business for a number of reasons, and you would be hard pressed to find retirement benefits to be one of them. Yet ask employees about why they chose or stick with a job, and benefits, including retirement, are often listed.
September 21, 2017
September 21, 2017
September 21, 2017
September 20, 2017
September 20, 2017
September 19, 2017
This is a tantalizing brave new world for younger accountants who like the idea of turning their penchant for number-crunching into a sexier profession, but what about those who are, ahem, reaching their golden age? It kind of sounds like rather than ...
September 18, 2017
With so much focus on Cloud and Mobile, can you imagine using your technology with no hardware? Hardware has become so cheap, reliable and generally good, many of us take this part of our technology experience for granted. It has been ten years since ...
September 18, 2017
While inventory management is not a new concept, with the advent of online stores to coincide with their brick and mortar counterparts, it’s more important than ever that retailers have a solid handle on their inventory. Good inventory management is ...
September 18, 2017
Ideally, a CPA firm’s management team concentrates most of its time on ensuring clients receive the best possible service and strategizing ways to cultivate new customers. That’s the ideal scenario.
September 14, 2017
Your small business clients who suffer inventory shrinkage – whether it’s from a natural disaster like Hurricane Harvey or Irma, or theft or simple mismanagement – must account for the event on their financial books. Generally, a firm can enter a ...
September 14, 2017
Over the past several years we have seen nationwide efforts, often precipitated by unions, to increase the minimum wage at the local level to $15 as a means of addressing economic inequality. The movement, called the "Fight for $15," has seen some ...
September 14, 2017
As we all know, the historical prototype for a retail business was a brick and mortar store, or multiple stores. But today, these same stores are competing with a variety of other retailers including Internet-only sellers, mobile-only retailers, and ...
September 13, 2017
USCIS announced on September 5, 2017, that they are phasing in a rescission of the Deferred Action for Childhood Arrivals program (DACA). The DACA program began in 2012 and granted temporary status and work permits to the “dreamers” who came here as ...
September 11, 2017
When a flood, fire, hurricane or other disaster strikes your business, you may suffer heavy property damage along with lost sales during the time you're forced to close. Having a good understanding of the accounting rules related to natural disasters ...
September 8, 2017
Has the IT role within CPA firms finally come full circle? I began the IT portion of my career providing support for IBM XT personal computers that were used by accountants to produce spreadsheets and word processing, while all the “real” data ...
September 7, 2017
There are many offshoots of a CRAT, such as a Charitable Remainder Uniform Trust (CRUT). In contrast to a CRAT, the payout provided to the noncharitable beneficiary from a CRUT can be either a fixed amount or a percentage of the FMV of the trust ...
August 30, 2017
Time clocks are simple to implement; in many cases they integrate with your current payroll software. They also provide an additional revenue stream for your firm, in addition to other benefits we’ll explore in this post.