Recordkeeping for reimbursing business travel expenses can be cumbersome. Instead of reimbursing employees for the actual costs they incur for out-of-town lodging, meals and incidentals, some employers opt to pay fixed travel per …
New Business Travel Per Diem Rates Announced for 2023 Read More
Most people already understand the tax rules for individual charitable donations, including generous deductions that may be available to itemizers when they give cash or property to charity. But your business may also …
Cash In on Corporate Deductions for Charitable Donations Read More
There’s more to financial reporting than profits. The statement of cash flows can be a powerful management tool. During an economic downturn, it’s especially important for managers to monitor cash flows …
Tips for Recognizing and Solving Cash Flow Problems Read More
Charitable contributions can be an effective way to lower taxes for the current tax year, but they don’t necessarily have to be made with cash. Charities also welcome donations of company …
Business Valuations Needed for Private Stock Donations Read More
When you consider going into business for yourself, you have three basic choices: Start from scratch, buy an existing business, or look for opportunities to purchase a franchise. A franchise gives …
