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The Most Common Accounting Mistakes Small Business Owners Make and How to Avoid Them

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Most small business owners are an expert in their field, but not necessarily in the accounting aspects of building a business. And, with this comes a few common mistakes. Yet, even simple small business accounting mistakes can prove to be financially…
isler, business advisors, portland

Choosing Your Accounting Method Under New Tax Laws

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Businesses today must take a closer look at their accounting methods. Since the passage of new tax laws, with changes to thresholds for choosing accounting methods, all companies need to take an inward look at their current accounting methods…

Why It Might be Time for Your Small Business to Migrate to Cloud Accounting

Cloud accounting is a big idea that brings with it a lot of lofty implications, but if you had to distill all of that down to its bare essentials it would probably look at lot like this: Right now, if you want to manage the financial…
isler northwest, portland

Nexpanding: The Ever-Evolving Shape of Nexus Rules

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Article by Roger Russell | Found on Accounting Today Nexus — the minimum amount of contact between a taxpayer and a state that allows the state to tax the business on its activities — is under attack by the states as they seek to broaden…

New Tax Rules for 2017

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By Robert Trinz | Article Featured on AccountingToday The new year promises to be an challenging one for tax practitioners, as President-elect Trump and Congressional Republicans have promised to enact a significant tax reform package in…

Year-end tax tips for charitable giving this holiday season

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Article by Jeff Brown | Featured on CNBC.com For most people, giving to charity is simply a matter of goodwill and generosity. But there are tax benefits, and they can be significant. Knowing how to get a tax deduction can allow you to give…
FASB Proposal Takes Aim at Immaterial Fair Value Disclosures

FASB Proposal Takes Aim at Immaterial Fair Value Disclosures

Article by Ken Tysiac | Featured on Journal of Accountancy FASB is proposing new accounting standards designed to improve the effectiveness of disclosure requirements on fair value measurements by enabling preparers to omit immaterial information. The…

Non-Profit Financial Reporting Headed for a Change

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Article by Larry Smith & Ken Euwema | Featured on Journal of Accountancy  As a part of the response to the call for increased transparency and accountability among not-for-profit entities (NFPs), FASB has taken on a project to…