by Brian Hare, CPA, CGMA | Apr 14, 2022 | Business
Spring has sprung — and summer isn’t far off. If your business typically hires minors for summer jobs, now’s a good time to brush up on child labor laws. In News Release No. 22-546-DEN, the U.S. Department of Labor’s Wage and Hour Division (WHD) recently announced...
by Brian Hare, CPA, CGMA | Apr 6, 2022 | Business
Artificial intelligence (AI) has made great inroads into certain sectors of the U.S. economy. However, it hasn’t reached many small to midsize businesses (SMBs) in a major way … yet. In 2021, AI analysis firm Unsupervised published a survey of 520 SMB owners that...
by Brian Hare, CPA, CGMA | Mar 30, 2022 | Business
Pay equity is both required by law and a sound business practice. However, providing equitable compensation to employees who perform the same or similar jobs, while accounting for differences in experience and tenure, isn’t easy. That’s why every company should at...
by Brian Hare, CPA, CGMA | Mar 23, 2022 | Business
In recent years, more and more businesses have increased efforts to support the well-being of their employees. This means not only providing health care benefits, but also offering other initiatives designed to help workers cope with challenges such as substance...
by Brian Hare, CPA, CGMA | Mar 22, 2022 | Tax
Typically, businesses want to delay recognition of taxable income into future years and accelerate deductions into the current year. But when is it prudent to take the opposite approach? And why would you want to? One reason to take the opposite approach might be tax...