Newsletter

Tips for Strong, Secure Passwords

If you own or work for a business, it often involves safeguarding data in one aspect or another. You probably have information related to your clients, customers, patients, vendors, contractors that needs to be securely protected.  This also applies to your

November 5, 2019

ASC 606 Changes are Here!

On May 28, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Codification (ASC) 606.  This new standard modifies the way companies recognize revenues from contracts with customers and aims to unify revenue reporting across industries

November 5, 2019

The Medical IRA – Huh?

Since 2003, Health Savings Accounts (HSAs) have been available for those individuals covered by high deductible health plans; the primary benefit to participating in such a plan is to receive tax-preferred treatment for funds saved for medical expenses. Similar to other medical reimbursement

November 5, 2019

It Is Never Too Early to Start Planning

Here we are entering the final days of 2019, and while there is so much to keep up with, it is easy to forget that you need to work on your business as well as in your business. Now is a

October 1, 2019

ASU Update 2019 – 06 Intangibles – Goodwill

ASU Update 2019-06 relates to goodwill impairment for a not-for-profit entity. The two standards that are being updated are Topic 805, which relates to business combinations and Topic 350, which relates to goodwill impairment. Both of these Topics go hand in

October 1, 2019