Can Blockchain Transform the Food Industry?
Blockchain is taking the world by storm, though the talk mostly focuses on a small subsection of its use cases. More than bitcoin and healthcare …
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IRS to Delay the Start of Tax Season for Up to Two Weeks: What Affects Will This Have on the Economy?
The IRS has announced that due to the government shutdown, the beginning of tax season will be delayed by as much as two weeks. This will affect both …
Continue ReadingWhat Bankruptcy Means for Residents of Detroit
Bankruptcy would seem to solve many problems for Detroit, but it leaves many of its citizens in the lurch. Most hard hit would be retirees expecting …
Continue ReadingThe Proposed 401k Retirement Savings Cap: Who Does This Affect?
The government has proposed a cap of 401k accounts of $3 million. They state that this tax money could help them better run their government programs …
Continue ReadingAffordable Health Care & Section 179: Take Advantage of These 2 Tax Credits Available to Small Businesses
Are you a small business owner or entrepreneur? Are you taking advantage of Section 179 deductions or plan to avail yourself of tax credits offered …
Continue ReadingPotential Issues with the JOBS Act
The Jumpstart Our Businesses Act sounds great in theory. However, many accountants are concerned about the looser regulations in the bill. This may …
Continue ReadingThe Affordable Care Act & Employers: What Preparations Should Small, Mid-Size & Large Businesses Take?
The Obama Administration recently delayed the enforcement of the Patient Protection and Affordable Care Act until Jan 2015. Many employers are still …
Continue ReadingWhat Will the 0.9% Addition Medicare Payroll Tax Mean for Businesses?
Beginning in January, employers are going to have to start taking out more in taxes from their employee’s paychecks. The new Medicare payroll …
Continue ReadingGuide to Performing a Liquidity Analysis
People go into business because they have an interest in producing a specific product or service. The last thing they want to do is wade their way …
Continue ReadingMake Tax Time Easier by Planning Throughout the Year
As this year ends, why not make a New Year’s business resolution and focus a marked effort to organize your company’s financials? If you plan all year …
Continue ReadingRetail Accounting: Library of Helpful Resources, Tips and Techniques
Are you looking for some expert advice to help you with your retail accounting? Browse this guide of tips, techniques and resources from the Bright …
Continue ReadingOne-Stop Guide on Cost of Goods Sold and Cost of Goods Manufactured
How much does it cost to make the product or service you sell? Do you know how to determine overhead, labor and raw materials costs? What about …
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