Close

Blog

How to Account for Bad Debt Expense

How to Account for Bad Debt Expense

🖨 Print⏱ 3 min readBad debt expense is an important concept that businesses must account for when it comes to their financial reporting. Regardless of the timeframe a company accounts for, it helps companies determine what portion of their receivables are collectible and what portion are not – and therefore, […]

Read More

Treasury Declares New Beneficial Ownership Reporting Law Will Apply Only to Foreign Companies

Treasury Declares New Beneficial Ownership Reporting Law Will Apply Only to Foreign Companies

🖨 Print⏱ 3 min readThe Trump Administration announced it will no longer apply the beneficial ownership information (BOI) requirements of the Corporate Transparency Act (CTA) to domestic companies. This declaration came first via social media, marking a significant shift in policy. Under this new directive, U.S. businesses are exempt from […]

Read More