On June 21, after hearing the arguments on both sides of the South Dakota v. Wayfair case, the U.S. Supreme Court issued a monumental ruling in favor of South Dakota. Today, many business owners are questioning how sales across state lines will impact their bottom...
The new credit loss standard (CECL) received airtime from many constituents over the last month — from the U.S. House Committee on Financial Services to Staff from the U.S. Securities and Exchange Commission (SEC) and Financial Accounting Standards Board (FASB) —...
Due to all of the changes brought about last year with the Tax Cuts and Jobs Act (TCJA), many taxpayers have underpaid their estimated taxes or didn’t have enough federal income tax withheld. As such, the IRS recently modified the underpayment penalty calculation for...
QuickTips: Tips & Tricks For Bookkeeping Success I hope you are off to a good New Year and that you have set some mighty goals for yourself in 2019 – personally and professionally. When the time comes to set new goals in my own life, I find that I have...
Outsourcing your company’s accounting function is largely seen as a competitive advantage that doesn’t require substantial time or money. This approach has a positive influence on most aspects of a business and will allow you to focus your time and effort on...
