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- 2026
How To Ensure Your Company’s Financial Statements Are Accurate
A company’s financial managers are responsible for accurately reporting all of the organization’s financial activities.
Pro Tip: Accrual Basis Financial Recording
Most clients come to us using cash basis financial recording, this is a part of the reason why they also often come to us lacking clarity on their financial performance. We strongly encourage (but do not require) a shift to accrual basis financial recording for a few reasons.
Staff Versus Freelance: Nontax Issues
These days, there are many ways to fill open positions at your company. The global workforce includes freelancers (also known as gig workers or independent contractors) as well as permanent employees; many freelancers are equally talented but less expensive overall to hire than permanent workers.
Improve Your Restaurant Scheduling in 4 Simple Ways
Proper scheduling is one of the most important aspects of a successful and profitable restaurant. Having the right workers — in the right places, at the right times — is essential to ensuring high levels of quality and service in all aspects of your restaurant.
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 […]
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