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Proactive Working Capital Management Is Key
Working Capital Management Is Key Effective working capital management is essential to the success of any business. However, recent data from The Hackett Group, a READ MORE
READ MOREWhat Partnerships Need to Know About the New IRS Initiative Targeting
The IRS recently announced a new multistage regulatory initiative to close what it calls a “major tax loophole exploited by large, complex partnerships.” This move READ MORE
Midyear Tax Strategies for Small Business
As we move through the summer months, now is an opportune time to assess your small business’s financial health and explore strategies to reduce your READ MORE
Auditing Concepts
As audit season begins for calendar-year entities, it’s important to review issues that may arise during fieldwork. One common issue is materiality. This concept is READ MORE
Auditing Revenue Recognition
The top line of an income statement for a for-profit business is revenue (or sales). Reporting this line item correctly is critical to producing accurate READ MORE
The Art of Tax Planning: Capital vs. Ordinary Gains and Losses
When it comes to selling assets, understanding the difference between capital and ordinary gains and losses isn’t just tax savvy—it’s financial wisdom. In this article, READ MORE
Making the Right Choice: Leasing vs. Buying Equipment and Property for Tax Efficiency
In business, strategic decisions are crucial for long-term success. One such decision often arises is whether to lease or buy equipment or property. Both options READ MORE
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