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Companies rely on their day-to-day IT operations and the systems that provide them. When those systems fail due to failure of hardware, infections or natural disasters, companies need to rely on backups to recover those systems.  When backups don’t work, more than 60% of companies shut down within 6 months...

Private companies face significant challenges in applying U.S. generally accepted accounting principles (GAAP) to their financial statements due to the complex accounting and disclosure requirements that have been introduced over the past decade. Many of these were implemented in response to the high profile accounting scandals that occurred during that timeframe...

Is your company using QuickBooks? Is QuickBooks serving your needs in the most effective way?  This article from Accounting Today can help you decide if QuickBooks is right for you.

Minnesota Governor Mark Dayton signed an Omnibus Tax Bill (HF 677) into law on May 23, 2013 that creates a new Minnesota Gift Tax and makes major changes to the Minnesota Estate Tax. As of 2012, Minnesota was one of only 16 states and the District of Columbia to impose an...

A 401k audit may sound complicated and intimidating. As new requirements are introduced, 401k audit standards continue to get more complex, but with an experienced group of CPAs at the right firm, the audit does not need to be a difficult process. 401k audits are required by the Department of...