Dennis Davis | January 6, 2020
Santa Claus came a few days early for more workers – including those working part-time and even freelance – when the SECURE Act was signed into law on December 20, 2019. The new legislation, which took effect on January 1, 2020, stands for Setting Every Community Up for Retirement Enhancement. It provides more part-time employees with access to tax-friendly workplace retirement plans such as 401(k)s, while also making it more affordable for small businesses to set up these plans. Read more. Read More
Mike Chelius | November 5, 2019
The passage of the Tax Cuts and Jobs Act of 2017 (TCJA) created additional opportunities for taxpayers to choose the cash method of accounting as the definition of a small business taxpayer. Read more. Read More
Michael Jacobson | October 18, 2019
On October 16, the Financial Accounting Standards Board unanimously approved delaying implementation of new lease accounting standard, giving privately held organizations additional time to prepare. Read more. Read More
Mike Chelius | September 20, 2019
One outcome of the Tax Cuts and Jobs Act (TCJA) is the increased scrutiny by the IRS of S corporations and their shareholders with regard to certain tax liability issues. Read more. Read More
James Ortiz | August 23, 2019
Starting July 1, 2019, both in-state and out-of-state companies doing business in New Mexico became subject to new state tax laws initiated by House Bill 6, signed into law on April 4. Read more. Read More
Jessica Bundy | July 11, 2019
As companies approach the last quarter of a year, there are great high-level questions they can be asking to ensure a successful prior year, as well as a successful future year. These questions can include “How can we cut or control costs?” “Are there time-saving tips we can leverage this time of year?” and “What value can we add to our processes?” These same questions also apply to a company’s employee benefit plan. Read more. Read More
Lyric Morrison | May 22, 2019
Why are so many businesses moving their accounting operations to the cloud? Should you make the switch too?
For many, “the cloud” and “cloud computing” are mysterious and confusing concepts, which can lead to a severe misunderstanding of all the efficiencies and opportunities cloud-based financial management platforms can offer you and your business.
Here are four signs you and your business are ready to take the leap from your own server to the cloud - Read more. Read More