Category

Consulting

Los Angeles cityscape during the day | LLC vs. S Corp: A Closer Look at LLCs and S Corps in California
Consulting
September 4, 2019

California LLC vs. S Corp: A Closer Look at LLCs and S Corps in California

For a long time, small business owners elected to operate their business as an S corporation (S corp) due to the many tax advantages. An S corp carries limited liability for owners and no double…
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Happy nurse taking care of a small girl | HRA vs. HSA: Understanding Your Healthcare Options
Consulting
August 12, 2019

HRA vs HSA: Understanding Your Healthcare Options

In 2010 President Barack Obama officially signed the Affordable Care Act (ACA) into effect, thereby requiring employers with at least 50 employees (or full-time equivalents) to provide health benefits and pay for a significant portion…
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Hiring Independent Contractors - man with tattoos working at a home office
Consulting
July 15, 2019

Hiring Independent Contractors: How to Utilize the Alternative Workforce

The ways in which people work, live and spend their money have changed dramatically in the last decade. Smartphone technology and hyper-connectivity are key factors to the revolution. Apps such as Uber, Lyft, Takl and…
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Consulting
July 3, 2019

Which entity is most suitable for your new or existing business?

The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a flat 21% federal income tax rate for C corporations. Under prior law, profitable C corporations…
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Consulting
June 3, 2019

Predicting future performance

CPAs typically report historical financial performance. But sometimes they’re hired to predict how a company will perform in the future. Prospective reporting options There are three types of reports to choose from when predicting future…
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Consider a Roth 401(k) Plan - Pros and Cons
Consulting
May 23, 2019

Consider a Roth 401K plan — and make sure employees use it

Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year. A recent study by the Plan Sponsor Council of America (PSCA) found that Roth 401(k)s…
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Consulting
May 20, 2019

Employee vs. independent contractor: How should you handle worker classification?

Many employers prefer to classify workers as independent contractors to lower costs, even if it means having less control over a worker’s day-to-day activities. But the government is on the lookout for businesses that classify…
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Consulting
May 15, 2019

Close-up on professional standards for CPAs

The accounting profession is largely self-regulated by the American Institute of Certified Public Accountants (AICPA). Part of its mission involves the development and enforcement of a broad range of standards for the profession. Why do…
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Consulting
February 19, 2019

To Manage It, Measure It

Analyzing Event ROI: Why and How Nonprofit revenue is a bit different from manufacturing revenue, but you can learn something important from manufacturing industries, which is the value of carefully evaluating performance. Today it’s a…
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Consulting
February 19, 2019

Prevent Sexual Harassment at Your Nonprofit

Nonprofit organizations have a legal responsibility to prevent, examine, and act on sexual harassment in the workplace. Further, they must ensure that no one who complains of harassment is retaliated against. Failure to adequately perform…
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