Insights Gallery

January 2023 Newsletter

January 2023 Newsletter

The end of the year is fast approaching! Please review the article below regarding tax planning considerations and call us so we can discuss ...
Does your company need an employee benefit plan audit?

Does your company need an employee benefit plan audit?

An employee benefit plan audit is a periodic and independent examination of a company’s benefit plans that are subject to ERISA. If your ...
Bonus depreciation phase-out begins January 2023

Bonus depreciation phase-out begins January 2023

100% Bonus depreciation is a tax provision that allows businesses to deduct the cost of certain qualifying property in the year it is placed in ...
FASB Proposes Changes to Lease Accounting Rules

FASB Proposes Changes to Lease Accounting Rules

The Financial Accounting Standards Board recently issued a proposed Accounting Standards Update for Leases (Topic 842). The update addresses ...
Major provisions of the Inflation Reduction Act of 2022

Major provisions of the Inflation Reduction Act of 2022

In August 2022, President Biden signed the Inflation Reduction Act (IRA) into law. Learn about the major provisions related to climate, energy, ...
December 2022 Newsletter

December 2022 Newsletter

The end of the year is fast approaching! Please review the article below regarding tax planning considerations and call us so we can discuss ...
Year-end estate & gift planning considerations

Year-end estate & gift planning considerations

The end of the year is fast approaching, and with it comes the opportunity to reassess your tax and financial circumstances. Learn about ...
IRS issues inflation adjustments to tax rates and limitations for 2023

IRS issues inflation adjustments to tax rates and limitations for 2023

The Internal Revenue Service announced that it will be making adjustments for inflation to several key tax provisions for 2023. Learn about the ...
Employee or Independent Contractor?

Employee or Independent Contractor?

It's important to correctly classify your workers as either employees or independent contractors. Incorrectly classifying workers can have ...
Avoid quiet quitting by keeping employees engaged

Avoid quiet quitting by keeping employees engaged

Many employers struggle to keep their workers engaged and suffer from quiet quitting. Learn about strategies to keep your employees engaged and ...
When To Outsource Your Accounting

When To Outsource Your Accounting

Thanks to the cloud and automation, outsourcing has never been a more viable option than it is today. Quite often, outsourcing can be more ...
Five Steps to Recognizing Revenue in Financials

Five Steps to Recognizing Revenue in Financials

The FASB and IASB have provided standards for properly recognizing revenue in your financials. Using a five step process, companies recognize ...
What Is an S-Corp Election?

What Is an S-Corp Election?

Business owners often struggle with determining the optimal legal structure and tax treatment for their business. This video will explain an ...
Expect More IRS Audits

Expect More IRS Audits

The Inflation Reduction Act allocated $80 billion to the IRS for hiring additional personnel and improving processes and technology. Learn how ...
The Clean Vehicle Tax Credit Program

The Clean Vehicle Tax Credit Program

The Inflation Reduction Act includes the Clean Vehicle Tax Credit program which provides tax credits for purchasing electric vehicles. Learn ...
Research and Development Tax Credits

Research and Development Tax Credits

While most companies expense the cost of research and development activities, most fail to take advantage of the R&D tax credit. Learn how the ...