Due Date for Filing Forms 1099-MISC for Tax Year 2018

Jan 21, 2019

The IRS has issued a press release, reminding employers who report compensation to “contract employees” or otherwise need to report Non-Employee Compensation (NEC) on Form 1099-MISC that there have been changes made regarding the due date ...

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All about Upgrading from Legacy Dynamics Systems to Business Central

Jan 21, 2019

Outgrowing old practices is inevitable with progressive businesses. Those old devices and software you have relied on for years may not work as effectively now that you have expanded your business. Enterprise resource planning (ERP) technology is e ...

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Not Sure About Retiring Your Old Dynamics GP? Here's What You Could Miss Out On

Jan 18, 2019

Microsoft recently announced that they will no longer be supporting Microsoft Dynamics GP 2013. That means they will stop releasing bug fixes and improvements in the future. Even third party-compatible apps won’t be updated anymore. How does this ...

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What You Need to Know About New York City Real Property Assessments and Appeals

Jan 10, 2019

Every year on or around January 15th, the Tax Commission of the City of New York releases new real estate tax assessments. The assessment establishes the market value of the real property per the City of New York’s records, along with the actual as ...

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A Picture's Worth a Thousand Words - Why Valuation Experts Use Visual Aids

Dec 25, 2018

Business valuation experts often use visual aids, such as graphs and charts, to capture the attention of a judge or jury and drive home key points. These exhibits may be presented orally during trial or deposition. They also may be provided in append ...

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How Business Central can Help Improve Your Customer Relationship Management

Dec 21, 2018

In a business setting, customers are the life force of any company. Their decision to opt out of a product or service will determine a business longevity. It’s important to see every transaction through the customer’s perspective. This way, y ...

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The Challenges of Attracting and Keeping Millennial Talent

Dec 19, 2018

The eldest of those identified as being part of the millennial generation turns 37 this year. That may be hard to believe, but it is true. It also means that millennials – those who were born between born between 1981 and 1996 (ages 22 to 37 in 201 ...

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Market Approach - How to Pick a Relevant Pricing Multiple

Dec 19, 2018

Courts tend to prefer the market approach in business valuation over the income or cost approach, because it’s based on real-world transactions. Under the market approach, the value of a private business interest is determined using comparisons ...

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There's a Report for That! Get the Specific Information You Need With an AUP Engagement

Dec 19, 2018

A full-scale audit provides a qualified CPA’s formal opinion on whether a company’s financial statements are in compliance with Generally Accepted Accounting Principles (GAAP). This type of report serves as a detailed and reliable snapsho ...

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IRS Issues New Guidance of Parking Expenses and Transportation Benefits for Tax Exempt Organizations

Dec 18, 2018

The Tax Cut and Jobs Act of 2017 (The Act) made some changes as regards the way tax exempt organizations have to account for parking and qualified transportation fringe benefit expenses paid or incurred after Dec. 31, 2017. In a December 10 press rel ...

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