State sales tax rules can surprise businesses that sell into the U.S. While treaties between the U.S. and a business’s native country make federal tax laws fairly straightforward, taxes on the sale of products and services can vary widely among jurisdictions. Not every state imposes sales taxes, and those that... Read more
You May be Putting Your Customers at Risk Every day, it seems, some new technology is released that promises to bring us closer together. But these innovations expose us to unforeseen risks and challenges. “New technologies and business concepts, from artificial intelligence to cryptocurrencies to 5G mobile connectivity,... Read more
“Hooray! It’s audit day,” said no one, ever! Independent audits are a necessary, if not very fun, fact of life for many businesses. They provide reasonable assurance to you, your lenders, investors or potential buyers that your financial statements are free from material misstatement. Their assurance can help your... Read more
The staffing sector is seeing strong mergers and acquisitions activity these days. Staffing Industry Analysts reported that M&A activity was up 28% year-over-year in 2017 and indications are that 2018 was just as busy. Now might be a good time to consider selling your staffing business. But while buyers may... Read more
CFOs of private companies and their finance departments have likely been busy in the past months with time-consuming projects such as implementing the complex new revenue recognition standard. An unfortunate consequence may be that they have not begun to prepare for another significant new accounting standard — lease accounting.... Read more
This time last year Congress and President Trump were knee deep in tax reform talk that resulted in the Tax Cut and Jobs Act (TCJA) of 2017. We have covered many of the TCJA provisions that became effective this year in previous blog posts and newsletter articles. As 2018... Read more
