Insights and Resources

The Corporate Transparency Act (CTA) aims to combat illicit financial activities through beneficial ownership disclosure, but a series of court rulings have left businesses in a confusing compliance landscape. Discover how these changes impact small businesses, what potential future scenarios might unfold, and how you can prepare amid this legal uncertainty.

Navigating the U.S. tax system can be complex, particularly when understanding critical concepts like Adjusted Gross Income (AGI), Modified Adjusted Gross Income (MAGI), and Taxable Income. These definitions impact your tax liability and eligibility for various deductions and credits, playing a pivotal role in financial planning. Empower yourself with the knowledge to make informed tax decisions by decoding these essential terms in our latest article.

Explore potential tax policy changes under a new Trump administration, including extensions of the Tax Cuts and Jobs Act, adjustments to state and local tax deductions, and new corporate tax strategies. Understand how these shifts could impact your financial planning and business operations. Stay ahead with insights from Jamie Miller, CPA, on adapting to these evolving fiscal landscapes.

Discover the pivotal role CPAs play in navigating the new Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act. Learn how proactive compliance strategies and leveraging technology can safeguard firms from penalties, uphold client trust, and ensure ethical practices in a shifting regulatory landscape.

The Financial Accounting Standards Board (FASB) proposes changes to accounting for internal software development costs. Learn about the proposed changes and how they might affect your company's financial reporting.

Delve into the world of dynamic forecasting and its crucial role in small businesses' decision-making processes. The article provides an in-depth understanding of dynamic forecasting versus traditional static forecasting, its implementation, and how it enables businesses to manage risks effectively. Learn from MBN & Company's expertise on how to successfully integrate dynamic forecasting into your business operations.

In the fast-paced business world, deciding between in-house or outsourced accounting can significantly impact your company's growth and efficiency. This article delves into the advantages and challenges of both options, offering valuable insights to help you make a choice that aligns with your strategic goals. Whether you're a startup or an established enterprise, understanding the nuances of these approaches is essential for achieving financial success.

The Tax Cuts and Jobs Act (TCJA) of 2017 significantly altered the U.S. tax landscape, but as key provisions are set to expire by the end of 2025, businesses face uncertainty and potential tax hikes. This article explores what businesses need to know about the sunset of TCJA provisions and how to strategically prepare for a post-2025 tax environment, offering insights from tax experts at MBN & Company. Discover essential steps to safeguard your business's financial health amid these impending changes.

In a rapidly evolving financial landscape, businesses face complex challenges that make maintaining a full-time CFO impractical for many. Discover how outsourcing CFO services offers a strategic and cost-effective solution, providing vital expertise and flexibility to enhance financial planning, risk management, and growth. Explore how partnering with MBN & Company can drive your business forward with tailored financial strategies.

Estate planning is crucial for ensuring your assets are distributed according to your wishes, and the tools of wills and trusts play a vital role in this process. Explore how these instruments offer benefits like avoiding probate, maintaining privacy, and enhancing tax efficiency, while also providing peace of mind that your loved ones are cared for. Discover why it's essential to consider these strategies, regardless of wealth, with insights from expert Jamie Miller at MBN & Company LLP.