News

With the IRS’s recent efforts to close the so-called “tax gap,” the chance of being selected for audit are higher than ever for many individuals and businesses. In fact, President Obama’s fiscal 2011... Continue Reading

Congress has passed a small business jobs bill (the Small Business Jobs Act of 2010) with valuable individual and business tax incentives. Many of the $12 billion tax incentives are temporary so taxpayers have... Continue Reading

by Stephen R. Gross In a business environment that typically punishes business, assumes success is based on luck and “good fortune,” and views businessmen as Devils, it is refreshing to see the State of... Continue Reading

New surprise examination requirement for RIAs are in effect. Many Registered Investment Advisors are affected by this and need to take action to comply. We have been keeping clients updated on this, as... Continue Reading

In an interview posted by the Journal of Accountancy, the chairman of the International Accounting Standards Board (IASB) sent a clear message to the U.S. that failure to adopt International Financial... Continue Reading

Assume Taxes will Rise in some form- 1.       Consider shifting income from the future (2011-forward) to the present (2010). Rates will be higher in future years,... Continue Reading

Use of social media has become more and more popular among businesses and individuals. Business owners are conceding to the fact that staying on top of this revolution can be a very important piece of marketing... Continue Reading

Looking for a quick way to increase profits in today’s competitive environment?  Consider decreasing expenses in your company.   Processes either add ‘value’ or ‘waste’ to the... Continue Reading

by Steve Gross In a lot of ways, we gained weight in our businesses during the last few years, and when the economy changed, we were left with suits (strategies) that didn’t fit, profits that disappeared, and... Continue Reading