The implementation deadline for the Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2016-02, Leases, is quickly approaching. It is effective for non-public entities for fiscal years beginning after December 15, 2021 on a modified...
Today our clients are busier than ever. Some are juggling working a full-time job from home while homeschooling their children, others are on the front lines struggling to care for the sick, and others still are starting new jobs or battling unemployment. During these...
As you near your graduation day, many of you may feel overwhelmed by the fact that in a short time you will have to start looking for your entry-level jobs. Even more overwhelming is the statistic that before actually entering the labor market, the Institute for...
The CARE ACT passed by the Senate on March 25th proposes potential business saving SBA 7(a) loans for qualified small businesses. The covered period for these loans begins on March 1, 2020 and ends on December 31, 2020. Who is eligible? During the period covered, any...
As news broke about the possibility of recovery rebates being sent out to Americans as a result of the COVDI-19 crisis, everyone immediately wanted to know when the could expect their checks. Moments ago, the House and Senate both passed the relief bill and it states...
Do your parents reminisce about the days you would come to them and brightly tell them about how you wanted nothing more than to become a CPA? Did your kindergarten teacher cheerfully encourage you to pursue business classes and economics as you continued on in your...
Budgeting can be mundane and often a task many of us do not look forward to completing; however, this new process allows you to take a completely different look at your budgeting process. You can get the budget you want, and not just the budget you have always had.
Whenever I visit a client’s office or family business, I often see young children coloring in the waiting room or solemnly asking when they might be allowed to go home. It is at these moments that I can’t help but to think of their future and the future of family...
Per the US Census Bureau, over half of U.S. homes are occupied by the owner. Of those homeowners, over half have a mortgage that they pay interest on. For most, having a mortgage is part of owning a home and people often spend a significant portion of their life...
