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Recent Articles

Supreme Court Vacates District Court’s Judgement on a Provision of the Affordable Care Act
On June 17, 2021, the Supreme Court issued an opinion that reverses and remands California et al. v. Texas et al. The lawsuit was originally

PPP Recipients in NH Catch a Break | Fate of the Millionaires Tax Falls to MA Voters
New Hampshire Exempts Forgiven Paycheck Protection Program (PPP) Loans from Business Profits Tax Governor Chris Sununu signed SB 3 on Thursday, June 10th, adding New

Maine’s Back-To-Work Grant Program
The Mills Administration launched a new program to boost the State of Maine’s economy by bringing workers to Maine employers in need and getting unemployed

How Does SAS 136 Change the Rules for a Limited Scope Audit?
Nearly two years ago, the AICPA issued Statement on Auditing Standards (SAS) No. 136, Forming an Opinion and Reporting on Financial Statements of Employee Benefit

What’s the Right Entity Type Selection for Your Business?
Entity selection is an important decision when starting a new business. It’s a decision that requires more thought than many new business owners may anticipate.

How Proper Internal Controls Can Help Your Nonprofit Succeed
Controls over operating processes are essential for all organizations, including nonprofits. This can sometimes be extremely challenging for smaller nonprofits due to a limited number

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

Federal Student Loan Relief & Programs Available in Maine
As the expiration of pandemic-related student loan relief was nearing once again, the Federal Government and some states stepped in to extend further relief to

The Clean Vehicle Credit: What Dealerships Need To Know
On August 16, 2022, President Biden signed the Inflation Reduction Act (the Act) into law. The Act gave rise to The Clean Vehicle Credit, a

CECL Audit Approach: New Methodology to Account for TDRs
The Financial Accounting Standards Board (FASB) has been working to improve the implementation and transition to the Current Expected Credit Losses (CECL) method of accounting

Buy-Side Due Diligence | M&A Best Practices for Contractors
Contractors often leverage M&A opportunities to grow revenue and meet growth, development, and other strategic goals. For example, acquiring or merging with a firm with