News & Resources

Flash Reports: Real-Time Financial Reporting

  Timely financial reporting is key to making informed business decisions. Managers need to know what’s in the pipeline to respond promptly and decisively. Unfortunately, it typically takes several weeks to prepare financial statements under U.S. Generally Accepted Accounting Principles

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The Tax Score of Winning

  Studies have found that more people are engaging in online gambling and sports betting since the pandemic began. And there are still more traditional ways to gamble and play the lottery. If you’re lucky enough to win, be aware

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Is It Time to Upgrade Your Accounting System?

  Timely financial data is key to making informed business decisions. Unfortunately, it’s common for managers to struggle with their companies’ accounting systems to get the information they need, when they need it. Often, it takes multiple, confusing steps to

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Selling a Home: Will You Owe Tax on the Profit?

  Many homeowners across the country have seen their home values increase recently. According to the National Association of Realtors, the median price of homes sold in July of 2021 rose 17.8% over July of 2020. The median home price

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Provider Relief Fund Update

  Qualified providers of health care, services, and support may receive Provider Relief Fund payments for healthcare-related expenses or lost revenues due to coronavirus. These distributions do not need to be repaid to the US government, assuming providers comply with

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Remote Workers and Taxability

  EMPLOYING A REMOTE WORKFORCE? DON’T FALL RISK TO STATE AND LOCAL TAX NONCOMPLIANCE As companies start operating in multiple states or employing remotely based individuals, State and Local Tax becomes something we need to pay more and more attention.

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Related-Party Transactions Draw Attention From Auditors

  Related-party transactions and financial connections are a normal part of operating a business. But these arrangements have gotten a bad rap because dishonest people sometimes use them to disguise poor performance or dishonest activities. So, identifying related parties and

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