Just what every business owner wants to hear, an audit requirement. However, an audit of your organization’s employee benefit plan can be very beneficial for the organization, the plan and its participants. Let’s get started with what potentially triggers an audit requirement for a benefit…
There are a lot of different strategies that people pursue to build wealth, one of the most common is rental real estate. Rental real estate is attractive for various reasons, such as but not limited to: It is seen as low risk due to the…
Are you an accounting student who is feeling overwhelmed by the recruiting process? This column is a series intended to help you succeed as you begin your journey with the accounting profession. Here are things you should do when it comes to your internship: …
Have you been on the fence about making the change over to QuickBooks Online? There are several advantages for companies who choose to switch from QuickBooks Desktop (QBD) to QuickBooks Online (QBO). Some of the most significant advantages include increased accessibility, automatic bank feed, and…
Imagine a world where you could sell a property, defer your capital gains taxes, and reinvest the proceeds into a new property with increased potential for growth and income. Sound too good to be true? Enter the 1031 exchange, a powerful tax-deferral strategy in the…
Do you and your employees feel comfortable with how much you have saved for retirement? Do you feel that you are currently taking advantage of all of the potential retirement plan benefits that are available to you? Is the current plan that my business sponsors…
Are you finding it difficult to acquire and retain qualified employees? Would you like to expand your business operations without incurring the increased expense of more office space? Is the bulk of your business’ work performed at a desk and on a computer? If so,…
Are you an accounting student who is feeling overwhelmed by the recruiting process? This column is a series intended to help you succeed as you begin your journey with the accounting profession. Here are things you should do when it comes to the interview…
Are you an accounting student who is feeling overwhelmed by the recruiting process? This column is a series intended to help you succeed as you begin your journey with the accounting profession. Here are things you should do when it comes to preparing your resumé: Start…
Did you ever wonder why a non-public company would elect to go through the process of having an annual financial statement audit performed by an independent CPA? There are several reasons that an annual financial statement audit is considered to be a sound business practice. …