Ed Koch, the outspoken former mayor of New York, reportedly walked the streets of the city asking, “How am I doing?” As a business owner, you want the same kind of insights for your enterprise: “How is my business doing?” The Income Statement...
A new acronym and a law change. The Tax Cuts and Jobs Act (TCJA) was signed into federal law in 2017 and became effective January 1, 2018. The TCJA contained the most extensive federal tax law changes in more than 30 years in order to create important benefits for...
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