How Reporting Might be Less Complex in 2025

A Dec. 3 proposal from FASB’s Accounting Standards Update (ASU) might provide some flexibility for private businesses and select nonprofits. “Financial Instruments – Credit Losses…
Tips for Tax Season

Whether you file your income tax return early or at the last minute, there are ways to simplify the process and reduce what you owe – or even increase your refund – before the deadline…
7 Ways to Start 2025 with Fresh Finances

Here we are in yet another new year. The obligations and celebrations are over. Chances are, you’ve spent a fair amount over the holidays and might need a plan to help kickstart 2025 with some actionable financial…
Securing Client Data: The Importance of Encrypted Apps

The Salt Typhoon cyberattack is among recent cyberattacks that reaffirm the…
The Social Security Fairness Act of 2023: More Retirement Income for Teachers, Police, Firefighters & Gov. Workers

The Social Security Fairness Act of 2023, formally known as H.R. 82, aimed at ending two provisions in the Social Security system that affect public sector employees who have earned pensions from jobs not covered by Social…
National Security

Improving Federal Building Security Act of 2024 (S 3613) – The Federal Protective Service (FPS) contracts security guards to control access to government facilities and screen visitors to detect…
Tax Planning 2024

Personal Income Tax Planning Strategies for Year-End 2024
As 2024 draws to a close, it’s the perfect time to review your personal income tax situation and implement strategies…
Common Business Accounting Calculations

No matter the type of business or industry, being able to analyze and deduce patterns is essential to discovering a business’ financial health. Here are four commonly used calculations to help internal and external…
Understanding Carbon Accounting

Also known as greenhouse gas (GHG) accounting, carbon accounting is a way for managers and analysts to measure a company’s total carbon…
Pre-Retirement Planning Guide – Finding Purpose In Life

Step 7: Find Your Raison d’Etre
What do you consider to be your purpose in this world? Few people think about their life that way. In Japan they call it your ikigai. In France they refer to your raison d’etre.