News - Page 151 of 189

Many tax-related limits affecting businesses increase for 2019

A variety of tax-related limits affecting businesses are annually indexed for inflation, and many have…

January 22, 2019

Tax Reform Tax Services

Rental Real Estate Enterprises – Safe Harbor Rules to Qualify for 20% business income deduction

Michael MacDonald, CPA, Principalmmacdonald@maillie.comOn Friday, January 18, 2019, the IRS released Notice 2019-07 concurrently with…

January 22, 2019

Accounting Business

M&A due diligence: Don’t accept financial statements at face value

The M&A market was hot last year, and that momentum is expected to continue in…

January 18, 2019

Nonprofit

The operating reserve is your nonprofit’s financial safety net

An operating reserve is an unrestricted and relatively liquid portion of a not-for-profit’s net assets.…

January 16, 2019

Business

Getting wise to the rise of “smart” buildings

Nowadays, data drives everything — including the very buildings in which companies operate. If your…

January 16, 2019

Fraud

Stop receivables fraud before it starts

From invoices and payments to discounts and write-offs, many business transactions are recorded to accounts…

January 15, 2019

Business Tax Reform Tax Services

Higher mileage rate may mean larger tax deductions for business miles in 2019

This year, the optional standard mileage rate used to calculate the deductible costs of operating…

January 15, 2019

Fraud

How experts use tax returns to find hidden assets

Business owners engaged in fraudulent activities often try to manipulate their companies’ financial statements. Fortunately…

January 14, 2019

Accounting

How do profits and cash flow differ?

Business owners sometimes mistakenly equate profits with cash flow. Here’s how this can lead to…

January 11, 2019

Firm news Nonprofit

2018 School District Financial Statement Summary

As we wrap up the June 30, 2018 audit cycle, we have summarized key financial…