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Enjoying the Ride: Optimizing the Trucking Industry Surge

Posted 5:00 PM by
From the middle of 2017 to the middle of 2018, trucking was on a roll. With industry growth of three percent – a seismic number compared to other industries – trucking outpaced GDP. Leaders agree the heydays are unlikely to continue at such an impressive pace, and a reversion to the mean is expected, but the industry is still well-poised to maintain a positive outlook going forward.
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20th Annual Trucking Owners and Leaders Roundtable

Posted 3:30 PM by
Katz, Sapper & Miller's Transportation Services Group, along with KSM Transport Advisors and Scopelitis, Garvin, Light, Hanson & Feary, invite you to attend our 20th Annual Trucking Owners and Leaders Roundtable on Tuesday, Feb. 5, 2019.
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Katz, Sapper & Miller Introduces New Partners in 2019

Posted 1:00 PM by
Katz, Sapper & Miller is pleased to announce our two newest partners, Randy Hooper and Stephen Royster. These individuals embody KSM’s values as they provide innovative solutions and superior service to help their clients achieve the great things they want to accomplish. We congratulate them on this outstanding achievement.
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5 Ways to Better Manage Veterinary Hospital Labor

Posted 2:30 PM by
In the midst of the day-to-day flurry of wagging tails and purring patients, it’s easy to lose sight of strategies that can help keep a veterinary hospital healthy and running smoothly. Developing a plan to effectively manage labor costs is one strategy that can help do just that. So where should you start? Though it might sound daunting, simply being intentional about how you view and manage labor is the first step. It doesn’t have to be complex, but being thoughtful and planning ahead can have a significant impact on profitability.
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New Jersey Amnesty Program Ends Jan. 15

Posted 3:00 PM by
New Jersey is currently running an amnesty program that allows taxpayers an opportunity to become compliant with certain state tax liabilities and unfiled tax returns. The state has identified certain companies and individuals with outstanding liabilities on account and contacted them regarding this program; however, companies and individuals that were not contacted by the state are also eligible to participate.
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IRS Issues Interim Guidance on Parking Expenses for Not-for-Profit Organizations

Posted 12:30 PM by
When the Tax Cuts and Jobs Act (TCJA) made qualified transportation fringe benefits (QTFs) nondeductible, it changed how parking expenses are treated. Recently, the IRS released interim guidance (Notice 2018-99) on how not-for-profit organizations can determine the amount of these expenses that must be treated as an increase in unrelated business taxable income (UBTI) as of Jan. 1, 2018.
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How the New Revenue Recognition Standard Will Impact the Construction Industry

Posted 4:30 PM by
The revenue recognition methodology for the construction industry will change with the adoption of Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606). Topic 606 is effective for public companies for periods beginning after Dec. 15, 2017 and for most non-public companies for periods beginning after Dec. 15, 2018. Early adoption is permitted.
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KSM’s Construction Services Group to Host Viewpoint Construction Software Local User Group Meeting Feb. 4

Posted 3:30 PM by
Katz, Sapper & Miller’s Construction Services Group will host a Viewpoint Construction Software® Local User Group Meeting Feb. 4 in Indianapolis.
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Looking Ahead: ASUs Effective for Fiscal Years Beginning After 12/15/18

Posted 1:00 PM by
As 2018 comes to a close, it’s time to look ahead to the many changes in generally accepted accounting principles in the United States (U.S. GAAP) that will become effective for 2019 calendar year ends. The following summarizes accounting standards updates (ASUs) which are effective for fiscal years beginning after Dec. 15, 2018 for most nonpublic companies.
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Deciphering the New SOC 2 Framework

Posted 8:30 PM by
Dec. 15, 2018 is right around the corner, and any System and Organization Controls 2 (SOC 2) reports covering periods ending after that date are required by the American Institute of CPAs (AICPA) to incorporate a new SOC 2 framework. So, how will this impact the SOC 2 reports that service providers will deliver moving forward?
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