Preparing for year-end inventory counts
A physical inventory count gives a snapshot of how much inventory your company has on hand at year end. Are you ready to start counting?
A physical inventory count gives a snapshot of how much inventory your company has on hand at year end. Are you ready to start counting?
In 2016, the Maryland legislature passed Senate Bill 1007 establishing the Maryland Small Business Retirement Savings Program (Maryland Saves Program). After many years of delays, the Maryland Saves Program is effective for tax year 2023.
As 2022 winds down, now is the time for your business to take stock of its tax situation and implement year-end tax planning strategies.
Are you interested in reducing your 2022 tax liability? There’s still time to take these year-end tax planning steps.
Hackers don’t give up, and neither should you. Identifying and preventing the latest threats to your business’s cybersecurity calls for constant vigilance.
Construction companies can use various accounting methods for tax-reporting purposes. Here’s a handy review of 10 of the most widely used approaches.
Nonprofits that embrace accountability can generally expect improved collaboration and better outcomes. How can your organization put this abstract concept into practice?
Audits are critical to reassuring financial supporters of your nonprofit’s fiscal responsibility. But the work doesn’t end when the auditor leaves. You need to review the audit report and possibly take action.
Don’t forget to factor 2023 cost-of-living adjustments into your year-end tax planning.
Routine financial statement audits are great for corporate governance. But could your organization also benefit from periodic “surprise” audits?
If significant growth is part of your company’s strategic plan for the coming year, be careful. Growing a business too quickly can lead to serious financial problems.
Can you benefit from the Inflation Reduction Act’s expansion of two tax incentives for energy-efficient construction of commercial and residential buildings? These are the Sec. 179D deduction and the Sec. 45L credit.