PKF North America News

Small and midsize businesses generally have two options for maintaining their financial books and records: the cash and accrual methods of accounting. While each approach offers businesses unique benefits at different stages of their life cycles, business owners must recognize when they should transition from one method of financial accounting to the other. The cash […] The post Is Cash or Accrual Accounting Best for My Business Structure? by Shanna Shim, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

Florida’s Department of Revenue (DOR) is offering qualifying businesses a tax credit against their state corporate income and franchise in tax years 2024, 2024 and 2026 when they hire qualifying employees with physical or intellectual impairments. The maximum tax credit available to qualifying businesses is $10,000 per year. Florida’s Individuals with Unique Abilities Tax Credit […] The post Florida Introduces Tax Credit for Businesses That Hire Persons with Disabilities by Karen A. Lake, CPA appeared first on Berkowitz Pollack Brant Advisors + CPAs.

The Research & Development (R&D) tax credit is a powerful savings tool for eligible research projects. Unfortunately, many do not take advantage of the incentive due to the incorrect assumption that the business has no qualifying activities. A popular myth has been debunked: the R&D tax incentive is only for large companies that employ scientists … Continued The post R&D Tax Credit for Manufacturers first appeared on JLK Rosenberger.

Our member firms across the globe strive to create a working environment where every team member can achieve their best. We’re delighted that several of our member firms have recently received awards in recognition of their efforts in this area.

Phishing scams and business email compromises (BECs) continue to make headlines, holding the titles as the most common cybersecurity breach method and the most frequently reported crimes to the FBI’s Internet Crime Complaint Center (IC3). Yet, even as businesses step up efforts to help employees learn to recognize the warning signs of these attacks, criminals […] The post Cybersecurity Training Alone is Insufficient to Prevent a Phishing Attack by Brandon Bowers appeared first on Berkowitz Pollack Brant Advisors + CPAs.

In this episode, Fabio De Filippo explains the recent ruling that bans non-competes, the M&A exemption and what might happen when the law goes into effect. The post Podcast – BPB Knows Non-Competes and M&A Transactions appeared first on Berkowitz Pollack Brant Advisors + CPAs.