Business automobiles: How the tax depreciation rules work
Do you use an automobile in your trade or business? If so, you may question how depreciation tax deductions are determined.
Assessing lost business value as a source of economic damages
The survival of many companies depends on relationships between key customers or vendors (or both). When one of these relationships is disrupted, for whatever the reason, one party may incur financial damage — perhaps even leading to its demise.
Key financial metrics that matter for construction companies
Running a successful construction company requires more than just skilled labor and quality materials. It demands effective financial management to ensure profitability, mitigate risks, and sustain growth.
Payable-on-death accounts require careful coordination with your estate plan
Payable-on-death (POD) accounts can provide a quick, simple and inexpensive way to transfer assets outside of probate. They can be used for bank accounts, certificates of deposit and even brokerage accounts.
Joining forces with another nonprofit
A merger may seem like something that happens in the corporate world, where companies often combine to expand sales territory, gain competitive advantages and boost profits.
Senior Associate Morgan Landman named 2023 Rising Star
Morgan Landman, CPA, MBA, Senior Associate at SEK, CPAs & Advisors, has been selected as the 2023 Rising Star Award Winner by Cumber
The tax implications of renting out a vacation home
Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains or in a resort area, you may want to rent it out for part of the year.
How IRS auditors learn about your business industry
Ever wonder how IRS examiners know about different industries so they can audit various businesses? They generally do research about specific industries and issues on tax returns by using IRS Audit Techniques Guides (ATGs).
Key financial metrics that matter to your business
In today's highly competitive business landscape, understanding and effectively managing your company's financial performance is crucial for long-term success.
Do you have to return a donation when a donor requests it?
If a donor has never asked your not-for-profit to return a gift, it may only be a matter of time. Although uncommon, donors can change their minds. They may come to believe your organization is misusing or wasting donated funds or decide it’s no longer fulfilling its charitable mission.