Recent changes in tax legislation have expanded the possibilities for deducting depreciation on vehicles used for business, yet the rules continue to be complex. Moreover, READ MORE

If your business has significant inventory on its balance sheet, it can be costly. The carrying costs of inventory include warehousing, salaries, insurance, taxes, and READ MORE

Beginning in 2024, the SECURE 2.0 Act enables employers to offer non-highly compensated employees the opportunity to contribute to emergency savings accounts linked to their READ MORE

The American workforce is undergoing a significant transformation with the introduction of the new federal overtime rule. Let’s delve into the key changes and how READ MORE

Key Takeaways Prohibition of new post-employment non-compete agreements between employers and employees, irrespective of industry or job level, effective from the specified date. Permitted continuation READ MORE

Relevant financial information Financial statements are a must-have for any organization. The balance sheet reveals how much its assets and liabilities are worth based on READ MORE