Insights
Insight and analysis from the Pease Bell team — on tax, audit, accounting, and the industries we serve.
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GAAP vs. Tax-Basis Reporting
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Reasons to Outsource Payroll and Obtain a Service Audit Report
With Labor Day starting out this week, it’s a good time to focus on how your business pays employees. Payroll reporting doesn’t have to…
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Supplement your Financial Statements with Timely Flash Reports
Most companies prepare financial statements on a monthly or quarterly basis. Unfortunately, it usually takes between two and six weeks for management to finalize…
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Yes, you can undo a Roth IRA conversion
Converting a traditional IRA to a Roth IRA can provide tax-free growth and the ability to withdraw funds tax-free in retirement. But what if…
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Worrying About Estate Taxes?
How to determine if you need to worry about estate taxes Among the taxes that are being considered for repeal as part of tax…
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Hobby or Business?
The IRS wants to know If you generate a side income from a passion like cooking, woodworking or bookselling – or anything else –…
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Credit loss standard: The new CECL model
A new accounting standard on credit losses goes into effect in 2020 for public companies and 2021 for private ones. It will result in…
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The ABCs of the Tax Deduction for Educator Expenses
At back-to-school time, much of the focus is on the students returning to the classroom where they will use the all new ClassDojo App…
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Reap Benefits of a Small Business Retirement Plan
Reap the tax benefits of a qualified small business retirement plan Establishing an employer-sponsored retirement plan is an attractive way to save for your…