by KWC CPAs | Jan 31, 2024 | Accounting
Effective January 1, 2024, U.S. and foreign entities doing business in the U.S. may be required to disclose information regarding their beneficial owners to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). This requirement is being...
by KWC CPAs | Jan 31, 2024 | Accounting
Introduction Processing 1099 forms is a critical task for businesses, but it’s often marred by inefficiencies that can lead to significant delays. This blog explores practical strategies to mitigate common issues that slow down 1099 processing. By understanding...
by KWC CPAs | Jan 31, 2024 | Accounting
Introduction Business owners often encounter a perplexing scenario where their financial statements and tax returns report different income figures. This disparity, far from being an error, stems from distinct accounting principles and tax regulations governing each...
by KWC CPAs | Jan 29, 2024 | Accounting
Listen to The Agency Hour podcast, Balancing the Books: A Guide to Agency Financial Health and Staff Engagement with Kira Wissman of our CAS team by clicking...
by KWC CPAs | Jan 5, 2024 | Accounting
Introduction Benchmarking is a powerful tool that allows businesses to gauge their performance against industry standards or competitors. By comparing key metrics and processes, companies can identify areas of improvement, strategize for better performance, and...
by KWC CPAs | Jan 2, 2024 | Accounting
Implementing Key Performance Indicators (KPIs) in a service-based business involves a strategic approach to ensure they are effectively integrated into daily operations and long-term planning. Here’s a step-by-step guide on how to implement these KPIs: Step 1:...
