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- 2026
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Is This Your Situation: Applying ASC 606 in Construction
In simple terms, if you’re in the business of entering contracts to deliver goods or services to customers, you’re affected by the FASB’s ASC 606, which provides guidance in recognizing revenue.
Fringe Benefits and S-Corps
As the IRS explains, a 2% shareholder is someone who directly or indirectly owns more than 2% of the corporation’s stock or stock with more than 2% of the voting power. The business must treat a 2% shareholder as a a partner in a partnership for fringe benefit purposes. What does this mean for life […]
Pro Tip: Developing Resiliency
As a business owner it is your obligation to focus on developing resiliency in your operations. This obligation is to your customers, your employees, your partners and ultimately to yourself and your future.
Payroll and Taxes: A Quick Review
Running a company? You have a lot of tax responsibilities. Among them, you must withhold federal income tax from your employees’ earnings.
Business Valuation Checklist
Business owners should always operate from a position of strength. That’s why having at least a baseline business valuation is important.
9 Steps to Develop a Business Succession Plan
As a business owner, having a plan in place that identifies and trains next-generation leaders helps ensure that your company will remain a viable entity well into the future.
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