Sole proprietorship, partnership, corporation, LLCs, but which one is right for you? Many people are familiar with corporations, but...

Many people own multiple pieces of property and may even rent to tenants. A common question is what deductions may be available for...

One of the newest types of business structures is known as the limited liability company (LLC). LLCs combine some of the best aspects of...

As discussed in the previous two blogs, New Lease Accounting Standards Part 1 and Part 2, the Federal Accounting Standards Board (FASB)...

New Lease Accounting Standards – Part 3 As discussed in the previous two blogs, New Lease Accounting Standards Part 1 and Part 2, the...

As discussed in the previous blog, New Lease Accounting Standards Part 1, the Federal Accounting Standards Board (FASB) issued Accounting...

On February 25, 2016, the Federal Accounting Standards Board (FASB) issued Accounting Standards Update No. 2016-02, Leases (Topic 842)....

Southern Illinois has long had its share of coal mining and production, maybe you have some stock or an interested stake in a coal...

The end of 2017 saw the rise of cryptocurrency in a major fashion. At one point, the most expensive currency (bitcoin) was being traded...

A simple fact of being the sole shareholder of a company, do not loan money between yourself and the company. Some owner’s from time to...