Accounting

 How to Grow Your Firm Through New Services

September 2, 2014 

How to Grow Your Firm Through New Services

Offering new services enables your accounting firm to generate additional revenue, and build stronger relationships with existing clients while adding new ones. While a majority of firms may offer seasonal/tax time services, offering new ones, such as bill pay, can significantly impact your bottom line.

 FASB Commended for Update to Financial Guidance Reporting of Going Concern Entities

September 2, 2014 

FASB Commended for Update to Financial Guidance Reporting of Going Concern Entities

"“The CAQ commends FASB for its efforts in developing a standard that provides guidance regarding a preparer’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern, and, where required, to provide footnote disclosures about going concern uncertainties each reporting period," said executive director Cindy Fornelli.

Isaac M. O'Bannon

 Using Your Car for Business Purposes? Keep Good Records for the Tax Deduction

September 1, 2014 

Using Your Car for Business Purposes? Keep Good Records for the Tax Deduction

What often sets business taxpayers apart from individuals is the potential for deducting expenses relating to business driving. For virtually everyone else, the cost associated with operating a car or other vehicle is a nondeductible personal expense. However, if you use your own vehicle for business trips, you’re usually entitled to deductions on your federal…

Ken Berry, JD

 6 Tips for Small Business Owners To Reduce Effect of Minimum Wage Increases

September 1, 2014 

6 Tips for Small Business Owners To Reduce Effect of Minimum Wage Increases

Recent legislation in thirteen states to raise the minimum wage, various increases in some cities across the country, and news that an executive order may soon mandate an increase on federal contracts, means small business owners will face yet another challenge to build, sustain and grow their business in a difficult economic environment.

oil-gas1

August 31, 2014 

Study: Oil & Gas Industry Creates 9.3 Million Jobs in U.S.

According to a new study just issued by the firm, the total economic benefits of the nation's increased oil and gas exploration and development activity translates into almost $1.2 trillion in gross product each year, including multiplier effects, and over 9.3 million permanent jobs.

Health-Insurance-Exchange-explained1

August 27, 2014 

Small Businesses Slow to Embrace Healthcare Exchanges

Unhappy with the choices her insurance broker was offering, Denver publishing company owner Rebecca Askew went to Colorado's small business health insurance exchange last fall. She found exactly what she'd been hoping for: affordable insurance options tailored to the diverse needs of her 12 employees.