Running a business comes with enough surprises and your financials shouldn’t be one of them. Whether you’re a business owner or CFO, knowing how to spot financial red flags early can protect cash flow, strengthen profitability, and keep your business moving confidently into the future.
Category: Audit and Assurance
Forecasts vs. Projections: Which Does Your Business Need?
Whether you’re a business owner planning next year’s budget or a CFO evaluating expansion opportunities, financial clarity is essential.
Unrelated Business Income Tax (UBIT): What Nonprofits Need to Know
Nonprofit organizations work hard to focus on their mission: serving communities, supporting causes, and strengthening Minnesota. But when revenue begins flowing in from activities outside that mission, things can get complicated quickly.
Understanding the 80/120 Rule: When a 401(k) Audit Is Required
Administering a 401(k) plan comes with numerous compliance responsibilities and one of the most misunderstood requirements involves when a plan audit is actually required.
Rothification of Catch-Up Contributions: What Employers Need to Know
If you have employees age 50 or older who earn $145,000 or more in FICA wages, a significant retirement plan change is coming your way.
Protecting Yourself & Your Business from Fraud: How Your CPA Can Help
Fraud isn’t limited to individuals—it can strike businesses of all sizes. Scams are growing increasingly sophisticated, and awareness and proactive prevention are more important than ever.
Understanding Audits, Reviews, and Compilations
When it comes to understanding your business’s financial health, choosing the right financial statement service plays a critical role for your business.
