Farmland and Red Tractor | Tangible vs intangible
Accounting
September 20, 2019

Spotting the Differences Between Tangible vs Intangible Assets

In August 2019, Financial Accounting Standards Board (FASB) member Gary Buesser issued a quarterly report on the status of reporting…
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Two business men shaking hands in an office space | Potential FASB Updates Put the Spotlight Back on Goodwill Accounting
Accounting
September 18, 2019

Goodwill Accounting and Potential FASB Updates

In July, the Financial Accounting Standards Board (FASB) announced they were considering making adjustments to the accounting protocol for certain identifiable…
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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…
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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…
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Exchange of flowers for money | Seven Strategies for Effective AR Collection
Accounting
July 30, 2019

AR Collection: 7 Strategies for Maximum Effectiveness

In 2018, CB Insights released the results of a survey regarding startup failures. Of the 101 failed startups surveyed, 29%…
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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…
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Banking and reporting hand close up | An interim report features condensed statements regarding a company’s financial status throughout the year.
Accounting
July 9, 2019

Interim Reporting: Understanding the Who, What and Why

It is critical to have a clear understanding of your business performance at any given point in time. This becomes…
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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…
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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.…
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Accounting
May 24, 2019

Lean manufacturers: Reap the benefits of lean accounting

Standard cost accounting doesn’t necessarily work for lean operations. Instead, lean accounting offers a simplified reporting alternative that generates more…
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