Accounting

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May 17, 2017 

3 Reasons Why Even the Best Business Ideas Can Fail

We’ve all heard the expression “innovate or die.” But there are endless examples of companies that made cutting-edge ideas a priority, yet their can’t-miss products – and sometimes the businesses themselves – died untimely deaths anyway.

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May 16, 2017 

Overview of SOC 2 Reports and Updated Trust Principle Criteria

A SOC 2 attestation focuses on an organization’s controls in areas such as operations and compliance. It is performed in accordance with AT Section 101: Attest Engagements, and this report is generally best suited for financial services, health care ...

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May 16, 2017 

The Big Lie About S-Corporations

Generally, my advice was to form an LLC and then have it taxed as an S-Corporation. But there are many things to examine here. Let’s say that someone is working full time and this is their side business. Wouldn’t it just make sense to form an LLC and ...

Craig Smalley