Blog

New Form for Reporting Property Distributions by Partnerships

Starting 2024, partners must file IRS Form 7217 to report property distributions, detailing basis and market value for improved compliance.

Taxes

Tax rules are not black and white! Uncover safe harbors that ease the choice between expensing and capitalizing—saving you time and money!

Taxes

Cash flow is your business's lifeblood. Master forecasting to detect potential shortages early and seize growth opportunities!

CFO Corner

Texas machine shops: Are you truly tax-exempt? Learn the fine line between manufacturing and remodeling for maximum tax benefits.

Taxes

Wondering how long a $250K CNC machine takes to pay off? Discover how a 1.5-year payback period demonstrates your shop’s ROI!

CFO Corner

Hidden overhead costs draining your profits? Discover how smart allocation methods can significantly boost your job shop’s bottom line.

CFO Corner