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What if You Filed Your Taxes But Haven’t Paid?

If a tax return has been filed but the balance due remains unpaid, there are many options available to pay the balance due or to work out a payment plan with the IRS. Taxpayer ... Read more

Financial Ratios for Manufacturing Companies

Growth is measured in progress. Identifying how a team, player, or individual is performing in a specific area and comparing it to previous measurements is often how growth is ... Read more

Health Savings Accounts Tax Benefits

A health savings account (HSA) is an important tool that qualified taxpayers can utilize to save money on medical expenses. An HSA allows taxpayers with a high-deductible heal ... Read more

Why You Should Update Your Buy-Sell Agreement

Business owners who have other partners, members, or shareholders need to consider what will happen to their ownership interest when certain events occur, such as retirement, ... Read more

Is This the Sales Tax Armageddon?

On April 17, 2018, the Supreme Court heard arguments for the case of South Dakota v Wayfair, Inc., which is an important case to all ecommerce companies and has the potential ... Read more

New Revenue Recognition – Impact on Not For Profit Entities

The purpose of this article is to provide an overview regarding the impact of the FASB Accounting Standards Codification – Topic 606, Revenue from Contracts with Customers ( ... Read more

New Revenue Recognition – Illustrative Example for a Manufacturing Entity

The purpose of this article is to provide an overview regarding the impact of the FASB Accounting Standards Codification – Topic 606, Revenue from Contracts with Customers ( ... Read more

New Revenue Recognition – Costs to Obtain or Fulfill a Contract with a Customer

The purpose of this article is to provide an overview regarding the impact of the FASB Accounting Standards Codification – Topic 606, Revenue from Contracts with Customers ( ... Read more