Understanding the Latest Modifications to Form 1099-K Reporting Requirements
There has been updated guidance on how and when tax filers must file and report Form 1099-K, Payment Card, and…
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Defining an Impaired Asset
When it comes to defining an impaired asset, its fair market value is worth less than the original cost of…
Why You Might Not Need a New Budget for the New Year
So, we’re a month into 2023 and the sheen might’ve dulled from all your shiny, New Year’s resolutions. Though diet…
Handling Talent Shortages in Tech Departments
Technology advancement has brought about great digital transformation. Unfortunately, this has come with a global tech talent shortage. IT executives…
Inventory Valuation: How Companies Can Calculate It
By 2021, there were 20,000 warehouses in the United States and growing, according to the United States Bureau of Labor…
The Inflation Reduction Act: A Brief Overview of Potential New Legislation
On August 7, the U.S. Senate voted to pass the Inflation Reduction Act (IRA). The enormous bill—clocking in at 725…