The thing about business is – nearly every event that occurs throughout the year will have an impact on your company’s tax liability. Thus, the tax filing date is just the culmination of all those events. The truth is, most business owners don’t launch their business to become a tax-genius or financial analyst. Their original …
Breaking News: It’s Tax Time! Unlocking the Value of a CFO Advisor Read More »
It’s a pleasant surprise when you put on a jacket or pair of jeans and find several crisp twenty dollars bills in a pocket. It may even prompt you to check other pockets to see if there’s additional cash lying around that you can put to good use. The same can be said for businesses …
Whether or not you are a football fan, you probably know the Super Bowl is right around the corner – and it will be played right here in the Golden State at SoFi Stadium. But getting there is only half the battle for the two opposing teams. They know there’s a lot more to be …
It’s that time again – when thoughts turn to creating new habits that will help us get in shape. Resolutions are made to spend less time staring at digital screens or binge-watching our favorite shows. Those who manage to keep their resolutions all year attribute their success to an accountability partner. This applies not only …
5 Steps Businesses Can Implement to Achieve 2022 Vision Read More »
Traveling is always an adventure, regardless of the mode of transportation – especially during the holiday season. For some, just driving near a shopping mall can be exasperating. Having proper plans in place can make the roads more manageable. Still, we realize that unpredictable twists and turns await us on our journey. This rings true …
On October 15, 2021, the Chief Counsel of the IRS quietly released a new procedural requirement for businesses claiming refunds for research tax credits, kicking up some clouds of doubt and frustration. As the IRS undertakes this new initiative to validate claims, it leaves many businesses wondering about the status of their refund. This is …
In our September blog – Redefining the Role of the CFO – we drew an Olympics analogy: a team’s success depends on the contributions of every member. Incomplete teams simply can’t compete with those that are well-rounded. This fact rings true in the business arena, as well. When an organization circumvents a specific position …
Take An Assessment of Business Process and Tie it up with CFO Advisory! Read More »
After a one-year delay, Tokyo finally hosted the 2020 Summer Olympics. Fans cheered on their nation’s star performers, hoping their team would set new records and bring home the gold. Each athlete was part of an elite team. They realized the importance of being surrounded by a dream team; everyone had a unique role to …
Organizations that have already adopted the new revenue recognition standard (ASC 606) may have discovered that it was not a smooth transition. As with any type of change in the accounting standards/methods, there are deep rooted challenges to overcome; many layers of complexities must be sorted through to ensure your business complies with the Revenue …
The construction, engineering, and architectural industries took a devastating blow when the COVID-19 pandemic swept the nation. However, forward-thinking companies looked past lockdowns and saw opportunities; during their idle time, they began to innovate. They imagined action steps they could take to improve their processes and soon began testing those hypotheses. Consequently, they improved their …