M&S managing partner, Jeff Mowery, has been selected by Accounting Today as a member of its 2016 Class of the Managing Partner Elite! According to the article released by Accounting Today, this award honors innovative, forward- thinking, and unusually successful…
If you haven’t yet created a business plan for 2017, it’s not too late to catch the proverbial worm. The start of a new year is a great time to meet with your management team and analyze how your company…
There are two accounting methods used by businesses to keep track of income and expenses, and it’s critical to understand the differences between the two. Cash-basis accounting is the simpler method. It’s generally available to businesses with no more than…
Making gifts to children and grandchildren is a strategy sometimes used to reduce taxes. Doing so may shift some of your income into a lower tax bracket and remove assets from your taxable estate. But if you employ this strategy,…
At least 70% of people over the age of 65 will require some level of long-term care service, according to insurance company Genworth Financial’s 2016 Cost of Care Survey. And that care can be very expensive. For example, on average…