Learn about how the U.S. Department of Labor has released finalized rule on overtime exceptions for white collar workers – Moore Colson – Atlanta CPA firm
The owner of a construction business shakes his head after putting down the company’s latest financial statements. Business was going great, and the company was flush with cash – until it wasn’t. What changed? Nothing has changed in the operations of the business, which leads him to the next, more difficult question. Is someone stealing […]
If you receive paychecks from one or more employers, it’s a good idea to do an annual checkup to make sure the right amount of income tax is being withheld. Even if you claimed an appropriate number of withholding allowances on Form W-4, there’s no guarantee that your total withholdings will match your tax liability […]
If you receive paychecks from one or more employers, it’s a good idea to do an annual checkup to make sure the right amount of income tax is being withheld. Even if you claimed an appropriate number of withholding allowances on Form W-4, there’s no guarantee that your total withholdings will match your tax liability […]
The IRS has released final regulations and another round of proposed regs for the first-year 100% bonus depreciation deduction. The Tax Cuts and Jobs Act (TCJA) expanded the deduction to 100% if the qualified property is placed in service through 2022, with the amount dropping each subsequent year by 20%, until it sunsets in 2027. […]
The new revenue recognition standard became effective for nonpublic entities on January 1, 2019, yet many companies still find themselves struggling with how to apply it. The standard was issued by the Financial Accounting Standards Board (FASB) and can be found within Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers. The struggle is […]
Sometimes, you want your eggs in one basket. When it comes to software, one package that can meet all your functional needs would be ideal. Unfortunately, in the hospitality industry, there is no single solution. From an accounting perspective, all your debits and credits should be in order, but the software that does the accounting […]