A “cash gap” can occur when a business tries to overcompensate for a shortage of cash by continuing to sell more. Robb Prestholdt, CPA, CMA explains this term to help your business steer clear of …Read More

 

Tax credits reduce tax liability dollar-for-dollar, potentially making them more valuable than deductions, which reduce only the amount of income subject to tax. Maximizing available credits is especially important now that the Tax Cuts and …Read More