by Brian Hare, CPA, CGMA | Jul 29, 2021 | Tax
Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These costs may wind up being nondeductible both by an officer and the corporation unless proper steps are taken. This issue is more likely to arise in...
by Brian Hare, CPA, CGMA | Jul 29, 2021 | Business
Most business owners would likely agree that strategic planning is important. Yet many companies rarely engage in active measures to gather and discuss strategy. Sometimes strategic planning is tacked on to a meeting about something else; other times it occurs only at...
by Brian Hare, CPA, CGMA | Jul 21, 2021 | Business
The COVID-19 pandemic has dramatically affected the way people interact and do business. Even before the crisis, there was a trend toward more digital interactions in remote sales. Many experts predicted that companies’ experiences during the pandemic would accelerate...
by Brian Hare, CPA, CGMA | Jul 20, 2021 | Tax
Despite the COVID-19 pandemic, government officials are seeing a large increase in the number of new businesses being launched. From June 2020 through June 2021, the U.S. Census Bureau reports that business applications are up 18.6%. The Bureau measures this by the...
by Brian Hare, CPA, CGMA | Jul 16, 2021 | Business
No matter the size or shape of a business, one really can’t overstate the importance of sound accounts receivable policies and procedures. Without a strong and steady inflow of cash, even the most wildly successful company will likely stumble and could even collapse....
