Category Archives: Blog

The recent Supreme Court ruling in South Dakota v. Wayfair has been heralded as a win for brick-and-mortar businesses. The bigger impact will be on how internet businesses must operate going forward. How will these changes impact your business? (more…)

New financial reporting standards are here for Not-for-Profit (NFP) Entities. The Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) No. 2016-14 to update the current financial statement model. The standard is effective for annual financial statements issued for fiscal years beginning after December 15, 2017, and for interim periods with fiscal years beginning…

The subject of taxes often elicits a groan from those who must deal with them; especially those starting a new business. Taxes can be complicated, very involved, and on top of that, they change every year. The requirements of federal, state, and local taxes are all different and need to be sorted out. It’s no…

Just like a tax audit, a financial audit can put enormous stress on business owners. Verifying your business’ financial status with a thorough audit of your accounting and reporting is a lengthy procedure and no stone is left unturned. If you are facing a financial audit for a business loan, you want to be prepared.…