Corporate Transparency Act: Does It Affect You?
Starting on Jan. 1, 2024, some companies will have to report certain information about their ownership. Which companies and which information? That’s where it can get confusing. You have to …
Don’t Wait Until Q4: Start Year-End Business Planning in Q3
As we set sail into the third quarter (Q3), it is vital to steer your business’s financial ship with precision. Q3 business accounting planning is not just about maintenance; it’s …
Ensuring Cybersecurity and Data Protection for Financial Data: Tips to Reduce Breaches and Ensure Compliance
In the digital age, the financial sector has witnessed a massive shift toward online transactions and data-driven operations. The need for robust cybersecurity and data protection measures is more critical …
What’s the Story on Gift Taxes?
No, the IRS is not imposing a tax on the sweater you gave to Uncle Arnold for Christmas or those Amazon gift cards you gave your nieces. The IRS only …
The Financial Safety Net: How Internal Controls Protect Against Misstatements and Fraud
Financial reporting is a critical component for the successful operation of any organization. The financial information presented must be accurate and free from any misstatements or fraud. Implementing and maintaining …
Mastering Cash Flow Management: Navigating Complex Revenue Streams
Cash flow is the lifeblood of any business, and accurate forecasting and management are crucial for long-term success. While it’s a challenge for all companies, those with complex or volatile …