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How will revenue recognition changes affect your organization? This question has been causing excitement, anxiety, and confusion across all industries – especially the construction industry.
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Businesses and individuals are constantly faced with the question: How long should I keep my records and what records should I keep? For tax purposes, you need to find a middle ground for keeping tax and financial records. Here are some tips to help you figure out which records...
Does the supervisor of your mail room understand how the department makes money for the company? Does your administrative staff know how to increase the company’s bottom line? It’s easy for employees to begin to view their jobs narrowly, and forget that they may be able to contribute to...
Earlier this year two of the largest publicly owned death care companies in North America merged, creating further consolidation in an industry that was once dominated by smaller family owned businesses. Consolidation within an industry can raise concerns for smaller entities. Larger companies have the ability to centralize many...
Seeking work in other states has evolved from a strategic maneuver into an outright necessity for some companies. While compliance and tax reporting never comes to mind first when trying to obtain out-of-state work, it is an important aspect nonetheless.
October marks the beginning of the MLB playoffs. It’s an exciting time in the world of sports, especially if you live in Maryland. I don’t follow the team stats and line-up details like the majority of my peers, but somehow I always find myself involved in these passionate discussions....
During the past couple of months, many businesses have been going through audits of their company’s retirement plan. As you may know, these compliance audits differ vastly from the traditional financial statement audits. This is due to not only the compliance regulations of these plans, but also the different...
One of the most popular income tax deductions is the donation to charity. Everyone seems to know that this is a write off on their tax return and keeps track of every dollar they give away. However, not everyone knows that you can get a double benefit if you...
If you would like to lower your tax bill and will be paying college tuition in the future then please keep reading…
