TAX & ACCOUNTING BLOG

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Accounting Basics for the Professional Services Industry

Reading Time: 3 minute   Understanding the Accounting basics of Professional Service Firms Accounting can be complicated and is a crucial component of a firm's operations, regardless of its size. Many growing professional...
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10 Reasons for a Business Valuation

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5 Common Succession Planning Problems

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Financial Statement Concerns for Manufacturing Companies

Reading Time: 3 minute Good accounting practices are an important tool for managing a manufacturing business. Given the industry's uncertainty, it is crucial to fine-tune financial statements for users of them to review...
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Business Owners: Ways to Improve your Company's Internal Controls

Reading Time: 3 minute   Internal controls are not typically a topic at management meetings until fraud occurs in the company or is in the news. The idea of fraud happening in business is generally considered preposterous;...
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How has COVID-19 Affected the Manufacturing Industry?

Reading Time: 3 minute The pandemic has caused severe financial and operational disruption in the manufacturing industry. Our industry experts have created and compiled several resources to help you tackle these challenges...
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Pandemic Affecting the Professional Services Industry

Reading Time: 2 minute The professional services industry is feeling the impact of the COVID-19 crisis in a variety of ways. Firms are adjusting to remote working and new client engagement models, all while navigating...
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Applying for the Expanded Employee Retention Credit

Reading Time: 2 minute The latest stimulus bill that passed in December 2020 provides for an expansion of the employee retention credit. Our previous communications covered the highlights of the bill, calculation of the...
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Construction Industry Economic Outlook in 2021

Reading Time: 1 minute Think back to a year ago - the construction industry outlook was generally optimistic. The economy was on the rise, and there were opportunities to bid work and grow. A few short months into 2020,...
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