The most underused write-offs and tax deduction strategies entrepreneurs should consider. July 23, 2019 7 min read Opinions expressed by Entrepreneur contributors are their own. The following excerpt is from Mark J. Kohler’s book The Tax and Legal Playbook. Buy it now from Amazon | Barnes & Noble | IndieBound | Entrepreneur Books When I […]
Don’t Be Fooled by These C Corp. Fairy Tales
There are three myths advisors use to sell entrepreneurs on the value of C Corp., but you won’t find a happily ever after here. July 16, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. The following excerpt is from Mark J. Kohler’s book The Tax and Legal Playbook. Buy it now […]
What is QuickBooks Live Bookkeeping? May 2019
[embedded content] Today I am talking about the new Intuit service called Live Bookkeeping. What is Live Bookkeeping? The Live Bookkeeping service is a relatively new offering that Intuit Corporation is offering to its QuickBooks Online users, and it’s a service that is still developing. As of May 2019, Intuit Corporation is testing the service […]
Wolters Kluwer Tax & Accounting Experts Help 2019 AICPA Engage Conference Participants Prepare Their Firms for Imminent Change
Wolters Kluwer Tax & Accounting Experts Help 2019 AICPA Engage Conference Participants Prepare Their Firms for Imminent Change Speakers to address the impact of exponential technology change on the accounting profession (NEW YORK, NY, June 11, 2019) — Jim McGinnis, Executive Vice President and General Manager of Medium and Large Firm Segment at Wolters Kluwer […]
A Closer Look: SEC Proposal to Re-invent Quarterly Reporting
The SEC issued a Concept Release in December 2018 focused on interim reporting by US companies (the “Concept Release”.) Concept releases are issued to obtain input regarding the need for future rulemaking. Some concept releases lead to new or amended rules. Others do not. The SEC has raised questions about interim reporting at least twice in […]
This Tool Can Help Overhaul Your Company’s Accounting
Nummuspay creates a seamless checkout and payment system for customers. April 30, 2019 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. There’s a […]
Credit Losses on Financial Instruments: Changes Issued and Changes Proposed
The FASB is making a number of targeted changes to its new standard related to accounting for credit losses on financial instruments known as the Current Expected Credit Loss (CECL) model. CCH Accounting Research Manager has published a new edition of A Closer Look that discusses the recently issued changes, two exposure drafts proposing additional […]
Master Business Finance With This Expert-Led Class
Entrepreneur and business school professor Chris Haroun will teach you everything from basic business accounting to complex financial modeling. March 24, 2019 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue […]
Private Companies Should Begin to Focus on Lease Accounting Changes
Private companies can ease the pain of implementing the new lease accounting standards by leveraging the lessons learned by public entities as they implemented the changes. The new FASB lease accounting standards are effective for private companies, including not-for-profit entities, for fiscal years beginning after December 15, 2019 (i.e., January 1, 2020, for a calendar year […]
Need Accounting Help? Learn How to Use QuickBooks for Less Than $20.
The accounting software is an essential tool for small businesses everywhere. February 8, 2019 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Boasting […]