News & Resources

In this guide, we’ll explain the key differences between cash and accrual accounting, consider the pros and cons of each, and outline the steps for making the transition when you’re ready.

Paying taxes can be one of the most stressful duties of small business owners, but it’s also one of the most important. You need smart tax planning strategies to ensure a smooth fiscal year-end, comply with tax laws, minimize tax liabilities, and maximize growth.

Every business has risks, and while some risk is unavoidable, most companies seek to manage risk (and comply with laws and regulations) by implementing internal controls.

In recent years, lawmakers have significantly changed the treatment of Research & Experimental (R&E) expenditures for federal income tax purposes.

Managing cash flow is crucial for business owners—especially during uncertain times. Effective cash flow management ensures stability and allows your business to meet its obligations and take advantage of opportunities.

This guide provides a structured approach to navigating the merger and acquisition process, from due diligence to post-merger integration. We also highlight some common pitfalls to avoid.

The benefits of outsourced accounting far outweigh the potential downsides of cost and less control over financial data.

The Corporate Transparency Act (CTA), effective as of January 1, 2024, requires many U.S. businesses to report beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN).

Tax season is often a stressful time for many business owners. Given the many intricacies of the tax code, it’s easy to get lost in your planning.