By Kyla Hansen, CPA, CVA When you hire an accounting firm or a CPA, you’re essentially trusting someone else with your taxes and financials. Needless to say, this is a big deal. It’s important that your provider is well qualified and equipped to help you comply with tax regulations and make sound decisions about […]
Qualified Opportunity Zones: What to Know Before You Invest
By John Ammann, CPA Since early 2018, much has been said about the opportunity zone provisions that were enacted as part of the Tax Cuts and Jobs Act (TCJA). Designed to spur economic growth in select low-income communities across the U.S., the provisions designate more than 8,700 such communities as qualified opportunity zones (QOZs). Taxpayers […]
10 Ways to Protect Your Business From a Cyber Attack
By Steve Fox The words “cyber attack” have become part of our American vernacular. Unfortunately, there isn’t a standalone silver bullet that can keep your business safe from hackers and their seemingly ubiquitous malware. Preventing a cyber attack requires multiple layers of defense. Here are 10 cybersecurity measures every business should practice: Keep up with […]
Capital Lease or Operating Lease? 4 Questions to Ask
By Stephanie Loiland, CPA Many companies choose to lease assets for a period of time instead of buying them outright. If you’re in this situation, it’s important to know whether you’re dealing with a capital lease or an operating lease. That’s because the type of lease will affect how you record it—and the payments you […]
5 Reasons Why Employee Ownership Could Be Right for Your Business
By Kyla Hansen, CPA, CVA An employee stock ownership plan, or an ESOP, is a retirement program that allows its participants to be owners of the company for which they work. As a business owner, you might consider an ESOP as a way to provide a valuable benefit for your employees. But this isn’t the […]