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Incentivize Employees With Stock Appreciation Rights Instead of Equity

Incentivize Employees With Stock Appreciation Rights Instead of Equity

Many business owners want to incentivize and reward employees by tying their compensation to the company's performance. One way to do this is through stock options, but using stock appreciation rights might be a better solution.
FASB Proposes Changes to Lease Accounting Rules

FASB Proposes Changes to Lease Accounting Rules

The Financial Accounting Standards Board recently issued a proposed Accounting Standards Update for Leases (Topic 842). The update addresses related-party arrangements between entities under common control. This video provides an overview of the proposed changes.
When To Outsource Your Accounting

When To Outsource Your Accounting

Thanks to the cloud and automation, outsourcing has never been a more viable option than it is today. Quite often, outsourcing can be more efficient and less expensive than hiring dedicated staff. In this video, we'll cover the benefits of outsourcing your accounting.
Five Steps to Recognizing Revenue in Financials

Five Steps to Recognizing Revenue in Financials

The FASB and IASB have provided standards for properly recognizing revenue in your financials. Using a five step process, companies recognize revenue based on the value and timing of when control of the goods and services are transferred to the customer. Learn about the standards and how to properly recognize revenue for your company.
What Is an S-Corp Election?

What Is an S-Corp Election?

Business owners often struggle with determining the optimal legal structure and tax treatment for their business. This video will explain an S-Corp tax election and how it may benefit you and your business.
Expect More IRS Audits

Expect More IRS Audits

The Inflation Reduction Act allocated $80 billion to the IRS for hiring additional personnel and improving processes and technology. Learn how this might affect future audit activity and how much time the IRS has to audit you.
What Are Supplemental Wages?

What Are Supplemental Wages?

The short answer is any wage payments to an employee that aren’t regular wages. This will include bonuses, commissions, overtime pay, payments for accumulated sick leave, severance pay, awards, prizes, back pay, reported tips, retroactive pay increases, payments for nondeductible moving expenses, taxable fringe benefits, and expense allowances paid under a non-accountable plan.
How the Student Loan Debt Relief Plan works

How the Student Loan Debt Relief Plan works

President Biden announced a plan to extend the pause on student loan repayments and offer student loan forgiveness to millions of borrowers. Under the Student Loan Debt Relief Plan, eligible borrowers will have up to $20,000 of their student loans forgiven. Watch this video to learn more about the program.
Pass-Though Entity Tax Elections At The State Level

Pass-Though Entity Tax Elections At The State Level

30 states are allowing pass-through entities (PTEs) to elect to be taxed at the entity level , which is meant to help individuals avoid the $10,000 state and local itemized deduction limitation.
The Clean Vehicle Tax Credit Program

The Clean Vehicle Tax Credit Program

The Inflation Reduction Act includes the Clean Vehicle Tax Credit program which provides tax credits for purchasing electric vehicles. Learn about the tax credits and limits on qualifications.
Are You Ready For The New Accounting Over Leases?​

Are You Ready For The New Accounting Over Leases?​

The accounting for leases under U.S. GAAP or accrual basis of accounting is changing starting with calendar year ends or December 31, 2022 under Accounting Standards Update (“ASU”) 2016-02 - Leases.
Research and Development Tax Credits

Research and Development Tax Credits

While most companies expense the cost of research and development activities, most fail to take advantage of the R&D tax credit. Learn how the tax credit works and what expenses qualify for it.
Federal Withholding Tax Estimator

Federal Withholding Tax Estimator

If you would like to know what your withholding should be to help avoid surprises on tax day, this is a good tool.
Overview and Benefits of a Stock Option Plan

Overview and Benefits of a Stock Option Plan

A stock option plan can be used to align the interests of employees and shareholders, and attract and retain talented workers. This video will cover the basics of a stock option plan and how your company may benefit from having one.
Preparing Your Business for a Recession

Preparing Your Business for a Recession

A recession can be challenging for any business. However, business owners can take steps to prepare for a recession and position their companies for growth as the economy recovers. In this video, we'll provide six tips to help you and your business prepare for a recession.