Insights

Content on accounting, finance, technology, and business management to guide companies and entrepreneurs.

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Accounting (2)

2 min read

IRS Extends the Deadline for Amending Eligible Retirement Plans

Picture of H&CO H&CO: Nov 3, 2022 8:24:20 AM

Notice 2022-45 was released by the IRS which extends the deadline for amending eligible retirement plans. This includes individual retirement...

Accounting
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A close-up shot of an unrecognizable person creating a financial statement document for a company.

5 min read

What Are the Financial Statements and How to Read Them?

Picture of H&CO H&CO: Feb 15, 2022 6:43:32 AM

Understanding how to navigate the numbers in a company's financial statements is a crucial skill for stock investors. Analyzing and interpreting...

Accounting
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2 min read

New Accounting Standards Upcoming Effective Dates for Private Company

Picture of H&CO H&CO: Dec 2, 2021 7:09:16 AM

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

Accounting
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4 min read

5 Benefits of Conducting Annual Business Valuations

Picture of H&CO H&CO: Nov 9, 2021 6:29:10 AM

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

Accounting
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2 min read

Nine Ways Contractors Can Maintain Healthy Cash Flow

Picture of H&CO H&CO: Mar 4, 2021 12:00:00 AM

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

Accounting
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deduct bad debts

4 min read

Bad Debts: What Losses Can You Deduct and When?

Picture of H&CO H&CO: Feb 24, 2021 7:00:00 AM

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

Accounting
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3 min read

Are You Thinking About Selling Your Business?

Picture of H&CO H&CO: Feb 10, 2021 12:00:00 AM

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

Accounting
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cost cutting

4 min read

16 Sweet Cost-Cutting Measures for Small Businesses to Consider

Picture of H&CO H&CO: Dec 17, 2020 9:44:43 AM

Many small business owners are looking forward to the end of 2020. It's been a year of significant hardship and stress. But staying afloat remains a...

Accounting
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5 min read

Should You Buy or Lease Equipment?

Picture of H&CO H&CO: Dec 1, 2020 11:15:00 AM

If your business is in a position to acquire equipment or machinery, management faces a tough decision: Should you lease it, or should you buy it?...

Accounting
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