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A well-designed budget gives you the ability to monitor your organization, particularly its financial position, throughout the year. With this insight, you can be intentional about purchases, avoid reactive spending, effectively manage cash flow, and steer clear of potentially precarious situations.
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If you’re a rental property owner, you know the need to renovate and make improvements never ends. Thankfully, there’s a relatively new tax law on the books, courtesy of the Tax Cuts and Jobs Act, that gives owners of commercial rental properties a significant tax benefit when making certain building improvements or repairs.
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For the 5th year in a row, Abdo, Eick & Meyers has ranked as one of the top 200 Accounting Firms in the country by Inside Public Accounting Magazine. Now in its 29th year, the rankings are based on data collected from more than 500 accounting firms through the publication’s annual survey.
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Over the last two years, we’ve all heard about the Tax Cuts and Jobs Act and the business-friendly measures that came with it. But amid the shiny new perks of tax reform, there’s a tax credit that’s still one of the best ways for businesses—including manufacturers—to reduce their tax liability.
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Building value into your business generally means increasing its cash flow and reducing its risk. The truth is, it’s more than a pre-sale best practice.
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Your nonprofit’s financial statement readers are likely to include its major donors, which means what you include or don’t include in your footnote could have significant consequences for your nonprofit. To help you present your numbers in the best light, here are a couple of things you should know.
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Minnesota’s New Wage Theft Regulations and Employer Requirements: Real World Planning for Compliance
In case you missed it, on May 30, 2019, Minnesota passed the Jobs and Economic Development Omnibus Bill. Along with many other budget and legislative items, that bill included several new regulations imposing new responsibilities and recordkeeping requirements for Minnesota employers effective July 1, 2019.
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As a rental property owner, it’s possible you could qualify for the 199A deduction—if you meet certain requirements. Your ability to qualify also depends on the facts and circumstances of your situation. Here are a few of the requirements rental property owners must meet in order to qualify.
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It can be tough to imagine selling your business—something into which you’ve poured so much time, energy, and emotion. Regardless of where you’re at, the important thing to know is this: The successful sale of your business starts well before the sales process even begins.
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A no-match letter identifies employees whose name and Social Security number (SSN) on a filed Form W-2 do not match SSA records. Finding one in your mailbox can be a little unnerving; however, it doesn’t mean that an employee purposefully gave fraudulent information to the government.
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