SEK Managing Member Appointed as Chairman of Allinial Global Board
John R. Schnitzer, CPA, Managing Member of SEK, CPAs & Advisors has been appointed as chairman of the Allinial Global Americas’ Regional Board for 2019.
3 under-the-radar aspects of payroll record-keeping
The phrase “payroll record-keeping” may conjure images of paystubs and W-4s. But there are other aspects that often fly under the radar and lead to administrative slip-ups. Here are three examples.
Devote Some Time to Internal Leadership Development
Many factors go into the success of a company. You’ve got to offer high-quality products or services, provide outstanding customer service, and manage your inventory or supply chain.
Does prepaying property taxes make sense anymore?
Prepaying property taxes related to the current year but due the following year has long been one of the most popular and effective year-end tax-planning strategies. But does it still make sense in 2018?
Unleash the power of a nonspringing power of attorney
Estate planning typically focuses on what happens to your children and your assets when you die. But it’s equally important to have a plan for making critical financial and medical decisions if you’re unable to make those decisions yourself.
Tax reform expands availability of cash accounting
Under the Tax Cuts and Jobs Act (TCJA), many more businesses are now eligible to use the cash method of accounting for federal tax purposes. The cash method offers greater tax-planning flexibility, allowing some businesses to defer taxable income. Newly eligible businesses should determine whether the cash method would be advantageous and, if so, consider switching methods.
Why Revenue Matters in an Audit
For many companies, revenue is one of the largest financial statement accounts. It’s also highly susceptible to financial misstatement.
Big News: We Have Rebranded!
Smith Elliott Kearns & Company, LLC is a regional CPA firm that provides professional accounting and consulting services for a range of both residential and commercial clients.
Mutual funds: Handle with care at year end
As we approach the end of the year, it’s a good idea to review the mutual fund holdings in your taxable accounts and take steps to avoid potential tax traps. Here are some tips.
3 Ways to Get More From Your Marketing Dollars
A strong economy leads some company owners to cut back on marketing. Why spend the money if business is so good? Others see it differently — a robust economy means more sales opportunities, so pouring dollars into marketing is the way to go.