Clean Vehicle Credit comes with caveats

The Inflation Reduction Act’s Clean Vehicle Credit might alter the timing of purchasing a new or used qualifying electric vehicle. Learn why. Continue Reading Clean Vehicle Credit comes with caveats

Year-end tax planning ideas for individuals

By planning ahead now, you may be able to save on your 2022 and 2023 tax bills. Here are some ideas to consider. Continue Reading Year-end tax planning ideas for individuals

Year-end tax planning ideas for your small business

Before you know it, the end of 2022 will be near. Here are some year-end moves to consider that may help your small business save on taxes. Continue Reading Year-end tax planning ideas for your small business

Contingent Liabilities: To Report or Not to Report?

Is your company being transparent about contingent liabilities? In today’s uncertain conditions, reporting contingencies can be challenging. Here’s a refresher on the accounting rules for disclosing and estimating expected losses. Continue Reading Contingent Liabilities: To Report or Not to Report?

Goodwill in a Bad Economy

Internally generated goodwill isn’t on the balance sheet. But acquired goodwill is another story. Do you know the rules for reporting acquired goodwill and subsequently testing it for impairment? This is a hot button for many organizations today. Continue Reading Goodwill in a Bad Economy

Deciding Between Cash and Accrual Accounting Methods

Do you know the differences between cash and accrual accounting methods? Some small business owners are unaware of the options that are now available to them. Continue Reading Deciding Between Cash and Accrual Accounting Methods

2022 Q2 Tax Calendar: Key Deadlines For Businesses And Other Employers

Here are some of the key federal tax-related deadlines that apply to businesses and other employers during the second quarter of 2022. Continue Reading 2022 Q2 Tax Calendar: Key Deadlines For Businesses And Other Employers

Your Nonprofit’s Board Needs to Know These Financial Warning Signs

Is your board overlooking potential financial disasters? Continue Reading Your Nonprofit’s Board Needs to Know These Financial Warning Signs

Keeping Your Nonprofit’s Remote Workers Connected

Many employees have been happy working from home during the pandemic, but some workers may have experienced feelings of disconnection and isolation. Continue Reading Keeping Your Nonprofit’s Remote Workers Connected