Firm News

Firm News

  • Put your audit in reverse to save sales and use tax August 17, 2017 It’s a safe bet that state tax authorities will let you know if you haven’t paid enough sales and use taxes, but what are the odds that you’ll be notified ...
  • Close-up on cutoffs for reporting revenues and expenses August 14, 2017 Under U.S. Generally Accepted Accounting Principles (GAAP), there are strict rules on when to recognize revenues and expenses. Here’s important information about end of period accounting “cutoffs” as companies start ...
  • Rev up retirement offerings with an NQDC plan August 10, 2017 Many business owners and executives would like to save more money for retirement than they’re allowed to sock away in their 401(k) plan. For 2017, the annual elective deferral contribution ...
  • How external auditors can leverage your internal audit work August 9, 2017 Does your company have an internal audit function? If so, you may be able to use your internal audit team to streamline financial reporting by external auditors. Here’s guidance on how to facilitate this ...
  • 4 tough questions to ask before expanding to a new location August 4, 2017 Is business going so well that you’re thinking about adding another location? If this is the case, congratulations! But before you start planning the ribbon-cutting ceremony, take a step back ...
  • Post Busy Season Legacy of Loyalty Award Winners August 2, 2017 Congratulations to the post busy season winners of Briggs & Veselka’s Legacy of Loyalty awards! Joe Alcorta, Beverly Hensley, Melisa Hernandez, and Baria Jaroudi join our January winners (Betsy Johnson, Kelley ...
  • Private companies: Consider these financial reporting shortcuts August 2, 2017 For years, private companies and their stakeholders have complained that the Financial Accounting Standards Board (FASB) catered too much to large, public companies and ignored the needs of smaller, privately ...
  • 6 ways to control your unemployment tax costs August 1, 2017 Unemployment tax rates for employers vary from state to state. Your unemployment tax bill may be influenced by the number of former employees who’ve filed unemployment claims with the state, ...
  • Listening to your customers by tracking lost sales July 27, 2017 “Sorry, we don’t carry that item.” Or perhaps, “No, that’s not part of our service package.” How many times a year do your salespeople utter these words or ones like ...
  • 3 midyear tax planning strategies for business July 21, 2017 Tax reform has been a major topic of discussion in Washington, but it’s still unclear exactly what such legislation will include and whether it will be signed into law this ...