Something has been shifting among small manufacturers along the North Shore of Massachusetts. Owners who have worked with the same CPA firm for years are starting to ask whether they are getting the level of service and expertise their business actually needs. For some, the answer has led them to ma...

Not every CPA relationship delivers the same results. Some business owners work with a CPA year after year without ever knowing whether they are getting real value from the engagement. If your CPA only surfaces at tax time, hands you a return to sign, and disappears until the following year, it is w...

Your bank just told you they need a financial statement review before they will approve your loan. If you have never been through this process before, it can feel like a roadblock. It is not. It is a standard step that many Massachusetts business owners go through when financing equipment, real esta...

When a business crosses the $5 million revenue mark, the stakes change. Decisions around cash flow, entity structure, tax strategy, and financial reporting carry real consequences. At this level, a CPA is not just someone you call in April. They are a year-round partner who helps you protect what yo...

Beneficial Ownership Information (BOI) Reporting The regulations for beneficial ownership reporting are complex.  To ensure compliance, review the requirements below and contact us to assist you in completing this required reporting.   Corporate Transparency Act Enacted in 2021, as pa...

The festive season is upon us, but for small business owners, it’s not all twinkling lights and gingerbread lattes. As the calendar flips, the accounting dial cranks up to eleven. A flurry of tasks, from the mundane to the monumental, await, promising a fresh start in the new year. Yet, year-e...

The IRS’ most recently published interest rates on overpayments and underpayments were last updated in October 2023. For individuals, the rate for overpayments and underpayments will be 8% per year, compounded daily.   This rate is up 2% from 2022, and 6% from 2021.  Here is a c...

Have you experienced at least a 20% decline in revenue for Q1-2021 when compared with Q1-2019?  Or, is your business still subject to a government imposed limitation?  Do you need help to determine whether you qualify? If so, please contact us before March 31st to review your eligibility f...