The DMJPS Digest: A CPA Blog
Insights and musings from the desk of DMJPS professionals.
Financial Accounting Blogs for Businesses & Individuals
Are you perplexed by new tax laws and need advice on how to comply with the latest regulations? Do you want to improve your financial literacy so you can run a more efficient and profitable business? You’ve come to the right place. DMJPS PLLC’s accounting blog provides the latest insights and expert knowledge to help your business navigate a complex and ever-evolving industry.
DMJPS’ team of highly-experienced specialists provides expert advice and in-depth analysis of the latest news, trends, practices, and regulations to help you stay up-to-date on the most current developments. DMJPS’ accounting blog covers the most important financial reporting issues that affect many individuals, businesses, and organizations.
North Carolina Economic Report – 2023 First Quarter
Highlights: DMJPS is pleased to provide a statewide quarterly economic report with highlights of North Carolina’s fifteen metros for the 1st Quarter of 2023. Compared to first quarters historically, in various indicators we see new high points for first quarters...
Simplify Your Finances: The Benefits of Using a Bill Pay Vendor like Bill.com
Managing finances can be a daunting task, especially when it comes to paying bills. The process of juggling multiple payments, due dates, and invoices can consume valuable time and energy. Thankfully, modern technology has paved the way for convenient solutions, such...
Avoid These 8 Common Accounting Mistakes for Small Businesses
Running a small business presents many challenges, which can draw one’s attention in multiple directions at once. Keeping track of a company’s finances is essential to its long-term success and growth. Unfortunately, far too many small business owners do not pay close...
Decrease Audit Stress with These 5 Tips
Audits can be very stressful. Organizations must get audits right to ensure compliance with a variety of local laws and regulations. They must show that financial information is represented fairly and accurately, and in accordance with all relevant accounting...
IRS Unveils 2023 Dirty Dozen
Every year, the IRS compiles a list of 12 tax scams that could target or affect taxpayers, known as the “Dirty Dozen” list. It advises tax professionals and taxpayers, both individuals and businesses, to keep an eye out for these types of scams. While the IRS...
HSAs – The Tax Planning Tool for Your Future
Health savings accounts (HSAs) are an often overlooked tax planning tool that can not only save you taxes now but can also be used for wealth-building and retirement planning. If you are eligible to contribute to an HSA there are many benefits, some of which are often...
Preparing Your Nonprofit for an Audit Under ASC 842
A set of accounting standards for leases is now mandatory for most business entities in the U.S., including not-for-profit organizations (NFPs). These standards, known as ASC 842, began to take effect in late 2018 for publicly-traded companies. They became effective...
Maximizing Healthcare Revenue: A Checklist for Revenue Cycle Optimization
The current economic climate has imposed considerable pressure on businesses of diverse backgrounds on a global scale. Of note, the healthcare sector is experiencing multiple strains stemming from such factors as inflation and the aftermath of the COVID-19 pandemic....
Let Data Speak for Itself! How Data Visualization Can Spark Leadership Engagement and Gain New Insights
Are you confident that you are presenting financial data effectively? Are the exceptions and significant changes over time in your financial data obvious at just a glance? Does your reporting provide motivation for your leaders to dig deeper, and drive their...
North Carolina Economic Report – 2022 Fourth Quarter
Highlights: DMJPS is pleased to provide a statewide quarterly economic report with highlights of North Carolina’s 15 metros for 2022 4th Quarter. The state of North Carolina continued a positive growth trend in the fourth quarter of 2022. In the mix of indicators,...
Stay in the Know With DMJPS’ Business Accounting Articles
The world of finance and reporting often has many complex regulations that can frustrate even the best in the industry. DMJPS can simplify complicated issues to improve your understanding and help you make informed decisions. Our accounting blogs provide businesses and individuals with a wealth of guidance, insightful content, and actionable solutions to reduce impediments on your path to growth.
If you want to stay ahead of the latest developments and gain the most comprehensive insight into the world of accounting, invest your time in reading our CPA blog. DMJPS’ business accounting articles are written by our team of nationally-acclaimed specialists, offering educational resources, strategic advice, and practical solutions to help you fulfill your most pressing financial and tax obligations.
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Tax Watch
Drive Strategic Decisions with Business Valuations
Regular business valuations provide key insights for growth, risk management, and future planning. Here are three key takeaways: Enhancing Strategic Decision-Making: Gain insights into financial health to make informed business decisions. Optimizing Growth and Risk...
Preparing for Your Audit: A Comprehensive Guide
Preparing for an audit can seem daunting, but with the right steps, you can ensure a smooth and efficient process. Here's a step-by-step guide to help you prepare effectively for your upcoming audit. 1. Start Early Engagement Letter: Begin by securing an engagement...
What Nonprofit Leaders Need to Know About Excise Tax to Avoid Penalties
Nonprofit leaders face great responsibility, especially when understanding the legal and tax requirements involved in managing a tax-exempt organization. Specifically, nonprofit leaders need to understand excise tax related to nonprofits to avoid potential fines,...
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