2016 Presidential Candidates Tax Plans

“In this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin’s quote has definitely stood the test of time and since death is normally not a trendy subject at your cocktail parties or family gatherings, maybe taxes, whether good or bad, may be a more interesting subject for us to […]

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Determining Worker Status

According to the IRS, the misclassification of workers as independent contractors (rather than employees) accounts for billions in unpaid taxes each year. As a result, the agency has been zeroing in on misclassification as a revenue raiser. And, since it’s found that it’s more difficult to collect from independent contractors, it tends to favor employee […]

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Cash Flow Statements: Your Company’s early warning system

Professional service firms need to provide their partners/shareholders with cash flow statements so they’ll be able to identify and address cash shortfalls and other problems. Continue reading this article to learn about the three main sections of a typical cash flow statement and why partners/shareholders should take action if statements indicate a possible liquidity issue. […]

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