How does the SECURE Act effect Your Retirement Plan?
Ashley Bell, CPAHow does the SECURE Act effect Your Retirement Plan?By Ashley Bell, CPA On December 20, 2019, the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) became law, as part of the Further Consolidated Appropriations Act, 2020 (H.R....
Using Data to Move Ahead of the Pack
By Zach JohnsonData Analyst Using Data to Move Ahead of the Pack The competitive landscape from industry to industry is changing quicker than ever before, with no slowdown in sight. The first wave of ambitious leaders that took on the challenge of building a...
Maximizing Education Credits for College-Aged Students
By Brian Klintworth, CPA, MT Tax ManagerMaximizing Education Credits for College-Aged Students Another new year is already upon us, which means it is now time to start thinking about filing your taxes again. While that thought is enough to excite most accountants and...
Building The Future Of Construction With Digital Transformation
Building the Future of Construction with Digital Transformation By Ian Shapiro, Adam Rouse and Malcolm Cohron The construction industry is due for a digital renovation. Faced with challenges around project efficiencies, ongoing safety concerns and flatlining labor...
Power of Real-Time Insights to Improve Donor Communications
Power of Real-Time Insights to Improve Donor Communication By Michael Ward CPA, CGMA, Brian Kenyon, CPA and Bis Dhar, CPA For years, organizations looked to data primarily to understand past performance. But major advances in computing power and other technology have...
Is it Time to Reconsider the Decision to Buy or Lease Equipment?
Is it Time to Reconsider the Decision to Buy or Lease Equipment? By Michael Jacobson Given the historically low interest rate environment in which we find ourselves, most business owners in capital intensive industries will be impelled to explore their options when...
Retirement Planning: How the SECURE Act Impacts Farmers
Retirement Planning: How the SECURE Act Impacts Farmers On December 20, 2019, President Trump signed into law the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The SECURE Act contains several provisions that will affect a farmer's retirement...
Attention Business Owners: New Salary Thresholds Begin Jan. 1, 2020
Attention Business Owners: New Salary Thresholds Begin Jan. 1, 2020 For over 15 years, in order for employees to be paid on a salary basis they must have made at least $23,660 annualized ($455 per week). Under a new overtime rule issued by Department of Labor...
New Lease Accounting Standards: Are You Prepared?
New Lease Accounting Standards: Are you Prepared? By Landen Thieman FASB issued updates on the accounting standards for leases as part of ASU No. 2016-02, Leases Topic ASC 842 in February 2016, which brings significant changes to the way businesses and non-profits...
2019 Year End Form 1099 Reporting Guidelines
By Shannon DohmenManager, HBE 360Form 1099 is typically filed to report annual payment of more than $600 to some person or entity, especially if the payment is expected to be reported as an expense. The form is issued to put the payee on notice that they need to...