How Do Tariffs Work? What Businesses Need to Know

New tariffs on imports are putting pressure on manufacturers in 2025—raising costs, tightening margins, and creating new challenges for supply chains and financial planning. With rates as high as...

While there are many tools available to guide financial planning, the profit and loss statement (also known as the P&L statement) offers one of the most reliable, data-backed starting points. Too...

Understanding your company’s financial health is essential for making strategic business decisions. Advanced financial statement analysis goes beyond surface-level metrics to uncover trends,...

An Employee Stock Ownership Plan (ESOP) is a unique way for business owners to share company ownership with their employees. But while ESOPs offer many advantages, the accounting side of things can...

Since its enactment under the Tax Cuts and Jobs Act (TCJA) of 2017, the $10,000 cap on state and local tax (SALT) deductions has posed a significant challenge for taxpayers in high-tax states. This...

This is shaping up to be a year of change, and smart financial planning in 2025 is the best way to stay ahead. With the economy in flux, potential tax law updates, and shifting market trends,...

Financial auditing plays a vital role in maintaining transparency, ensuring compliance, and supporting the financial health of businesses. The introduction of artificial intelligence in finance has...

Artificial intelligence (AI) has entered the accounting world with undeniable force, offering possibilities for streamlining processes and enhancing financial decision-making. While it's important to...

In an unpredictable market, where things can change overnight, businesses need more than rigid financial plans. Market swings, shifting customer demands, and unexpected events can quickly throw off...