Posts in Newsletters

by CMCD LLC
November 12, 2021

Accounting for Operating Lease under new Lease Standard

Under the new Lease Standard, which is effective since year 2022, any operating lease with term […]
0
read more
by CMCD LLC
November 4, 2021

Timely Filing S-Corp Election

If you want your business to be treated as an S Corporation, you must file Form […]
0
read more
by CMCD LLC
November 3, 2021

Understanding Audit, Review, and Compilation

This article explains the differences between Audit, Review, and Compilation services in plain and simple English […]
0
read more
by CMCD LLC
November 2, 2021

Understanding Texas Sales Tax

If you do business in Texas and provide taxable products or services, you are required to […]
0
read more
by CMCD LLC
November 1, 2021

Prepare for Year-end Inventory Count

The end of the year is a great time to conduct a full physical inventory count.  […]
0
read more
by CMCD LLC
October 25, 2021

Significant Changes in Accounting for Leases

After some delays, the new lease standard (ASC 842) is now effective starting from year 2022 […]
0
read more
by CMCD LLC
October 22, 2021

Issue 1099-NEC to Independent Contractors

It is now near the end of the year, hence each business needs to wrap up […]
0
read more
by CMCD LLC
October 7, 2021

Financial Reporting During Bankruptcy

Once a company has filed a petition for bankruptcy (e.g. under Chapter 11 of the Bankruptcy […]
0
read more
by CMCD LLC
October 5, 2021

SBA Disaster Loans

What are SBA disaster loans The U. S. Small Business Administration (SBA) provides low-interest, long-term disaster […]
0
read more
by CMCD LLC
October 1, 2021

Understanding 401(k) Plan Audit Requirements

Does your 401(k) plan need an audit? In general, 401(k) plans with 100 or more participants […]
0
read more

©CMCD LLC, All Rights Reserverd.