RogerRossmeisl

DECEMBER 3, 2023

In the midst of holiday parties and shopping for gifts, don’t forget to consider steps to cut the 2023 tax liability for your business. You still have time to take advantage of a few opportunities. Time deductions and income If your business operates on a cash basis, you can significantly affect your amount of taxable income by accelerating your deductions into 2023 and deferring income into 2024 (assuming you expect to be taxed at the same or a lower rate next year).

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Tax CPA tax planning business tax 212

CPA Practice

DECEMBER 3, 2023

Are you considering your own firm (or rebranding due to a merger or acquisition)? Here are several branding questions to answer and resources you will need before opening the front door. Branding Questions Addressing these questions can help you create a strong, distinct brand for your firm, setting a solid foundation for growth and client engagement.

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accounting firms accountant Account accounted 125

RogerRossmeisl

DECEMBER 3, 2023

If you have a tax-saving flexible spending account (FSA) with your employer to help pay for health or dependent care expenses, there’s an important date coming up. You may have to use the money in the account by year-end or you’ll lose it (unless your employer has a grace period). As the end of 2023 gets closer, here are some rules and reminders to keep in mind.

accountant 154

accountant Account accounted CPA 154

Insightful Accountant

DECEMBER 3, 2023

S Corp 'medical insurance' is a non-cash fringe benefit provided to shareholders owning 2% or more of the corporation.

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quickbooks 105

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Account

RogerRossmeisl

DECEMBER 3, 2023

A business may have more than one value, depending on the purpose of the business valuation and the characteristics of the ownership interest. Before an expert starts working on a business valuation, it’s important to discuss the appropriate level of value. Otherwise, confusion over levels of value may lead to miscommunication and misinformed business decisions.

Maine 130

Maine CPA 130

Insightful Accountant

DECEMBER 3, 2023

Did you know you can build a niche specialization in 'reporting'? You can even sub-specialize in multi-entity reporting if you have the right tool set. A recent study showed 64% of financial professionals are looking for better data analytics.

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