Latest Articles

April 24, 2017 

Xero is a robust, online application designed for small to mid-sized business owners looking for complete accounting and payroll functionality. The product also offers an excellent program; Xero HQ, that is designed for accountants and bookkeepers ...

Mary Girsch-Bock

April 24, 2017 

With over $783 billion in annual sales in 2016, the restaurant industry might seem like a no-brainer as an accounting firm’s industry vertical. However, without the ability to speak the language they need to hear, you might be missing out and be ...

Becky Livingston

April 24, 2017 

Generally, a business is entitled to claim depreciation deductions for property, including real estate, beginning in the year the property is “placed in service.” Similar rules apply to Section 179 deductions and “bonus depreciation” deductions, as ...

April 24, 2017 

When asked what unique attributes financial executives would bring to the CEO position, CFOs most commonly cited finance and data-driven decision making, fiscal management and efficiency improvement, and economic and business awareness.

April 24, 2017 

Almost ten years after the 2008 financial crisis, risk management is evolving, shifting away from a purely protective mindset. In the old paradigm, risk was managed traditionally by the “second line” of defense in an organization.

April 24, 2017 

Members are appointed to three-year terms, but terms are staggered so that approximately one-third of the committee membership changes each year. Nominations are currently being accepted for up to seven appointments that will begin in January 2018.

April 24, 2017 

Your firm is focused on improving your tax and/or audit process by leveraging Lean Six Sigma (LSS). LSS is a proven process improvement methodology used by many leading firms to improve their processes. Lean focuses on the speed of the process, Six ...

Michael Wherry

April 24, 2017 

You’ve just spent your busy season juggling projects and are probably already thinking about how you could make your life easier going forward and in particular next spring. We’ve done some investigation and have requested input from members of the ...

Gail Perry

April 24, 2017 

The restaurant industry has areas that are totally specific to it. Those who want to get into that area who want to do it right, need to become experts in those areas that really differentiate that industry.

Gail Perry

April 24, 2017 

With tax season ending, it’s a good time for restaurant owners to check in with their accountants to see what they qualify for this season and start preparing for next season. Common incentives for restaurant owners include utility and power credits.

Taija Sparkman

April 24, 2017 

No matter the size of the company or how employees are paid, internal controls are a necessity. Here are my suggestions for payroll-related internal controls that can protect you and your data.

Lisa Galletti

April 24, 2017 

A master list which includes the agency name, required records and length of time to retain is a good way to develop your own payroll record retention schedule.

Lisa Galletti