HCJ CPAs & Advisors | audit * tax * consulting

Managing data and information can be a major competitive advantage for small businesses.  This article discusses why every small business should develop a data strategy.  To view this article, click HERE to access the original content. ...

Many business strategies focus on cost-cutting. However, these strategies can hurt branding, growth, and profits.  This article discusses why marketers cannot cost-cut their way to growth.  To view this article, click HERE to access the original content. ...

Early-stage businesses should focus on key qualities when hiring employees because a business’s success relies on the quality of these hires.  This article discusses four top qualities to look for when hiring employees.  To view this article, click HERE to access the original content. ...

Small business owners can facilitate successful growth with timing and the right data. This article discusses five ways for small businesses to accelerate growth.  To view this article, click HERE to access the original content. ...

Summary The U.S. Supreme Court’s Wayfair decision issued June 2018 is one of the most significant changes to state tax law in more than 50 years. States may now subject a business to state taxes even if the business has no in-state physical presence. While the...

Summary   The IRS defines an opportunity zone as an “economically distressed community where new investments may be eligible for preferential tax treatment.” The Treasury has certified nearly 9,000 of these districts across all U.S. states and its territories, including the entire island of Puerto Rico. An...

Summary The Financial Accounting Standards Board (FASB) released the Accounting Standards Update (ASU) 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities on Aug. 18, 2016. The standard aims to improve presentation of financial information, ultimately making not-for-profit financial reporting statements more informative, transparent...

Summary From lowered income tax rates and doubled standard deductions, to caps on mortgage interest and state and local deductions, Americans may feel a significant impact as a result of the new tax law. Here are the top 10 things individual taxpayers need to know: There are...

Competing against big corporations is a challenge for small business owners, but focusing on a niche market can be a huge benefit for small businesses.  This article discusses eleven advantages for small businesses and how to use them.  To view this article, click HERE to access the...