Commercial Businesses Articles
Wealth Planning Opportunity | Spousal Limited Access Trust
Posted by Cheryl A. Jankowski on May 09, 2019
Tax reform legislation doubled the federal estate, gift, and generation-skipping transfer (GST) tax exemption to $11.18MM (as indexed for inflation) per person. This created a seven-year window for increased wealth transfer planning.
Ideas to Strengthen Your Business in 2019 and Beyond
Posted by Jonathan Roller on March 01, 2019
New Year's is traditionally a time to make resolutions for the upcoming months. Once you set your personal goals, it's time to get serious about your business goals. Here are ten resolutions you might consider making — and sticking to — to put you on track to prosper in 2019.
2018 Year-End Tax Planning for Businesses
Posted by Sherry Dellebovi, James Dunn Jr., Michael Grimaldi, Mark Janulewicz, Brian Kern, Michē Needham, David Schlein, Cory Van Deusen V on January 03, 2019
Business tax planning is very complex. Careful planning involves more than just focusing on lowering taxes for the current and future years. How each potential tax saving opportunity affects the entire business must also be considered.
BDO Real Estate and Construction Monitor • Winter 2019
Posted by James Dunn Jr., Brian Kern on December 28, 2018
The Real Estate and Construction Monitor is available through our affiliation with the BDO Alliance USA.
Buying vs. Leasing Equipment: Which Is Right for Your Business?
Posted by Mark Stack on August 09, 2018
For tax years starting in 2018, the Tax Cuts and Jobs Act (TCJA) provides new and improved tax incentives for buying new and used business equipment, but leasing still offers benefits for some taxpayers.
4 Ways to Encourage Innovation in Customer Service
Posted by Maria Gambacorta on June 13, 2018
Revising your approach to customer service may seem like reinventing the wheel, but as buying trends, technology, and culture change, so must your methods of interacting with customers.
Public vs. Private Companies: When Should Different Accounting Rules Apply?
Posted by Jennifer Kartychak on May 11, 2018
From Main Street to Wall Street, businesses come in various sizes. One set of accounting rules can’t fit everyone, so the FASB has been tailoring some standards for private companies.
Profits: How Low Can you Go?
Posted by Jonathan Roller on May 08, 2018
If your profits are down, don’t panic because your financial statements can help you detect clues to solve the mystery of disappearing profits.
Get Ready for the New Lease Standard
Posted by Douglas Muth on May 03, 2018
Leases will soon be in the spotlight: A new standard is scheduled to move financial reporting for leases from the footnotes to the face of the balance sheet.
How Materiality is Established in an Audit or Review
Posted by Douglas Muth on April 11, 2018
When CPAs conduct an audit or review, they can’t test every transaction. Instead, they set a “materiality” threshold. Several definitions of materiality exist. Learn the application of each.