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Education

Learn strategies that can help your business.

Education

Warning For Retailers And Other Businesses Using The LIFO Method

Normally, the last-in, first-out (LIFO) accounting method is an effective way to defer taxes. But beware: Retailers and other businesses that use this method could be hit with an unexpected tax bill if their inventory shrinks significantly due to supply chain issues.

Education

CLTs: A Charitable Trust That Takes The Lead

A charitable lead trust provides a regular income stream to one or more charities during the trust term, after which the remaining assets pass to your heirs or other noncharitable beneficiaries.

Education

3 Summertime Marketing Ideas For 2022

Business owners, are you ready for summer? We don’t mean buying new swimwear or using plenty of sunblock. We’re talking summertime marketing ideas.

Education

Contingent Liabilities: To Report Or Not To Report?

Is your company being transparent about contingent liabilities? In today’s uncertain conditions, reporting contingencies can be challenging. Here’s a refresher on the accounting rules for disclosing and estimating expected losses.