NC&E Accounting Blog

Feature Post

Charitable Donations: What Counts as a Deduction?

Taxpayers can take advantage of charitable donation deductions, but it’s important to understand the specific requirements set forth by the...

Past Posts

DIY vs. Professional Tax Preparation: Pros and Cons

Deciding whether to prepare your taxes yourself (DIY) or hire a professional depends on your financial situation, familiarity with tax...

Tax Strategies for High-Income Earners in 2024

High-income earners face unique challenges and opportunities when it comes to tax planning. With increased IRS scrutiny on higher earners...

Tax Strategies for Minimizing Taxes When Selling a Business in 2024

Selling a business can lead to significant tax liabilities, but with proper planning and strategic structuring, you can reduce the...

Enhancing QuickBooks with Automated Billing Solutions

For many businesses, managing recurring billing efficiently is crucial for maintaining steady cash flow and providing seamless customer experiences. Integrating...

Understanding Lease Classifications Under ASC 842 with Detailed Truck Lease Scenarios

The adoption of ASC 842 has introduced a more robust framework for lease accounting, aimed at enhancing transparency in financial...

Optimizing Cash Flow in SaaS Businesses

Cash flow management is a critical aspect of running a successful SaaS business. Given the subscription-based revenue model inherent to...

Understanding ASC 842 Lease Accounting for Cash Basis Companies

For many cash basis companies, the nuances of financial reporting under Generally Accepted Accounting Principles (GAAP) can seem distant from...

Navigating New Lease Accounting Standards: ASC 842 and IFRS 16

The recent updates to lease accounting standards, specifically ASC 842 in the U.S. and IFRS 16 internationally, have significant implications...

Choosing the Right CRM for Revenue Recognition: Salesforce vs. Method

Selecting the right CRM system that aligns with your revenue recognition needs can significantly impact your financial management and reporting...