Insights accounting

Insights: accounting

Net Worth Protection for Foreign Investors

According to statistics, the United States recorded a cumulative foreign investment of $6.15 trillion in 2020. This number is only expected to grow...

How to Prepare Financial Statement Document

If you're a thriving business owner, you might be aware of the financial statement. In case you're not aware, we are here to help you with the...

New Accounting Standards Upcoming Effective Dates for Private Company

In this publication, we’ve summarized the new standards that take effect in annual 2021 financial statements for nonpublic entities. Those effective...

5 Benefits of an Annual Business Valuation for Entrepreneurs

Quite often, the information at your disposal plays a significant role in helping you make the right business decisions. That partly explains why...

Nine Ways Contractors Can Maintain Healthy Cash Flow

Contractors trying to keep their construction companies financially healthy face two intrinsic challenges: the seasonal nature of construction work...

Bad Debts: What Losses Can You Deduct and When?

Attempts to claim write-offs for bad debt losses have fueled controversies with the IRS for many years. Unfortunately, bad debt losses are...

Are You Thinking About Selling Your Business?

The COVID-19 pandemic has put unprecedented stress on private business owners. Some are now considering selling their businesses before Congress has...

Adjusting to Manufacturing’s New Normal

The manufacturing industry's dependence on foreign suppliers, especially those in China, has caused concerns for many years. But the COVID-19...

Construction Firms: 8 Accounting Practices for a Financially Healthy

Construction accounting is different from the accounting practices of businesses that use only a general ledger. Because construction companies...
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