Using the audit management letter as a strategic tool
Looking to get more value from your external audit? The management letter that accompanies your financial statements may offer fresh insights to help boost efficiency and minimize risk.
How activity-based costing can improve business performance
Some businesses turn to activity-based costing for deeper insight into profitability. Learn how it works and when using it makes sense.
Businesses should carefully contemplate their cybersecurity budgets
Cybersecurity has become mission-critical for most businesses. Creating a dedicated budget helps ensure you’re spending enough without going overboard.
3 critical questions to ask when acquiring construction equipment
Construction business owners: Are you grappling with the difficult decision of whether to buy or lease equipment? Let’s explore three key questions to help you make the right choice.
Should your nonprofit offer staffers dependent FSAs?
Dependent care FSAs often appeal to employees with young children or other dependents. We explain how this tax-advantaged fringe benefit works and how you can offer it to your nonprofit’s staffers.
Should your construction company conduct a cybersecurity assessment?
Construction businesses are just as vulnerable to cyberattacks as many other companies. To understand how secure your systems really are, consider a formal cybersecurity assessment.
Revisiting the balanced scorecard approach to strategic planning
Strategic planning isn’t a one-size-fits-all endeavor. For over 30 years, the balanced scorecard approach has helped many businesses align strategy and performance. Details here.
Change orders require careful accounting
Change orders can change everything for contract-based businesses. Whether they boost revenue or cause financial reporting problems often comes down to accounting. Here’s what you need to know.
IRS releases critical guidance on calculating tips and overtime deductions for 2025
The IRS has issued guidance for taxpayers wanting to claim new deductions for qualified tips income and qualified overtime compensation for 2025.
Protect business continuity with an emergency succession plan
A sudden crisis can create a leadership vacuum from which even a strong business may never recover. The solution: Develop and implement a sound emergency succession plan.
Ready to grow your nest egg? The IRS releases 2026 retirement plan contribution limits
How will the 2026 retirement plan contribution limits affect your retirement savings strategy?
Is it time for your business to start outsourcing?
Outsourcing has long been a viable option for growing businesses. But deciding when the time is right to engage outside providers isn’t always easy. Let’s weigh the pros and cons.