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Recent Articles
Safeguards Rule – Updates for Credit Unions & Auto Dealers
As the turn of the year settles, financial institutions should revisit their information security obligations under the Gramm-Leach-Bliley Act Safeguards Rule (Safeguards Rule). The Federal
Using Inventory Cost Management to Improve Profitability
For manufacturers, inventory cost management plays an integral role in successfully maintaining a business strategy that fosters financial growth. When you have an effective overall
Are Electric Vehicle Credits Part of Your Sales Strategy?
The Qualified Plug-in Electric Drive Motor Vehicle Credit (Electric Vehicle Credit) is a nonrefundable tax credit available for eligible taxpayers to claim up to $7,500
Prepare for 2022 Nonprofit Financial Statement Engagement
For nonprofits, the New Year is ushering in new hope. Organizations are learning to adapt to meet the challenges of the pandemic, and the upward
Mastering the Art & Science of Credit Union Compliance
For credit unions, maintaining compliance with authoritative guidance and regulatory requirements has become both an art and a science. Sure, most rules and regulations are
2021 Tax Planning: What Contractors Need to Know
When tax time rolls around, it is not uncommon for contractors to feel like the deck is automatically stacked against them. But the right tax
Using Charitable Lead Trusts & Charitable Remainder Trusts
Charitable trusts can help you reduce income taxes, lower estate tax, and protect your assets while incorporating your charitable goals into your estate plan. And
The Massachusetts Chapter 62F Refund: Who Gets One & Why?
Thanks to a relatively obscure state law enacted in 1986, Massachusetts taxpayers may soon receive an unexpected financial break. Until now, the law had not
The Inflation Reduction Act: What Taxpayers Need To Know
The Inflation Reduction Act, legislation aiming to lower inflation and reduce the deficit over the next decade, became law in August. Here’s a look at
Is Your Professional Services Firm Attracting Top Talent?
According to the US Bureau of Labor Services (BLS), things are looking up in terms of employment gains in the business and professional services sector,
4 Dealership Accounting Practices That Eat Away At Profit
If your vehicle has poor fuel economy, you’ll still make it to your destination, but it will be costly. The same is true for auto