Review our recent accounting, tax, audit, and other insights
Highlighting important news in accounting
Fraud Detection and Prevention Strategies for Businesses
Fraud is a business risk for organizations of every size. The Association of Certified Fraud Examiners (ACFE) estimates organizations lose approximately 5% of annual revenue…
Change Order Management in Construction
Change orders are a normal part of construction. Owners have new ideas, and designers issue revisions. Site conditions turn out to be different than expected.
Section 179D Deduction Set to Expire Mid-2026
Construction companies planning on energy-efficient commercial projects are approaching a key deadline. The Energy Efficient Commercial Building Deduction under Section 179D expires for projects that begin construction after June 30, 2026.
How CPAs Can Help Contractors Increase Bonding Capacity
Construction companies that want to grow often focus on backlog, staffing, equipment, and new bidding opportunities.
Firm Promotes Krystal Kowall to Shareholder
The firm is pleased to announce the promotion of Krystal Kowall, CPA, to Tax Shareholder.
The Role of Business Valuation in Gift Tax Reporting and Planning
What is the role of business valuation in gift tax reporting and planning?
Financial Statement Analysis Can Help Prevent Costly Mistakes
Business owners make important decisions every day, and a regular look at the financial statements is one of the simplest ways to avoid costly mistakes.
Red Flags of Financial Misconduct
Most financial misconduct is not caught by background checks or audits. It is noticed by someone who sees a change in behavior.
IRS Releases New Guidance on Form 1099-K
The IRS has confirmed that third-party payment platforms such as PayPal, Venmo, and Etsy will issue Form 1099-K only when total payments exceed $20,000 and the number of transactions exceeds 200. The guidance, released in October 2025 under the One Big Beautiful Bill Act (OBBBA), restores the higher reporting threshold that existed before 2021 and reverses the temporary $600 limit.