by | Jun 30, 2025 | Articles
To manage their finances and accurately file their taxes, most small business owners must choose between two accounting methods: cash or accrual. This choice directly affects how and when you report income and expenses, and it can significantly impact your tax...
by | Dec 20, 2022 | Articles, ASC 842, Lease Accounting
Summary provided by MaterialAccounting.com: This article provides an overview of the new FASB standard, ASC 842, including the definition and what changes to expect during the transition. The new lease standard, Financial Accounting Standards Board (FASB) ASC 842, is...
