
How to Properly Report Your Company’s COGS
Do you own a business that manufactures or sells physical goods? For these businesses, accurate reporting of the cost of goods sold (COGS) is essential to >>
Do you own a business that manufactures or sells physical goods? For these businesses, accurate reporting of the cost of goods sold (COGS) is essential to >>
If you’re building up a small business but haven’t yet needed to borrow funds to expand or smooth out cash flow irregularities, you’re doing something right. >>
One reason many people disdain the budgeting process is that they associate budgets with restraint — that is, not spending money for something because it’s not >>
The Health Savings Account (HSA) was designed to help taxpayers with high-deductible health insurance save for medical expenses, but it can also be a powerful retirement >>
Would you like to support your favorite charitable organizations while maintaining an income stream for yourself and saving taxes? A charitable remainder trust (CRT) might be >>
Several of the topics highlighted below are complex in nature. JCCS strongly encourages clients to contact their accountant if they have any questions or concerns regarding >>
Debt is an integral part of the strategic plans of many organizations, yet it has traditionally carried a stigma in the not-for-profit industry. That view is >>
Question: Our organization has taken great strides in recent years to improve the cybersecurity of our employment information, financial records and online transactions. However, during a >>
If you recently joined the “gig economy,” know that you must meet certain tax obligations, just like any other business owner. This is true whether you’re >>
Many businesses have a choice between using the cash or accrual method of accounting for tax purposes. The cash method often provides significant tax benefits for >>