Lutz Business Insights

What’s on (and off) the FASB’s radar?

What’s on (and off) the FASB’s radar?

The FASB isn’t planning to issue any major accounting standards updates in 2017 but instead is fine-tuning certain narrow-range topics, such as hedging and consolidation. This article discusses developments on those topics and why the board refused to clarify the definition of “readily determinable fair value.”

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Tax Identity Theft Is Real: How to Protect Yourself

Tax Identity Theft Is Real: How to Protect Yourself

You’ve been struggling with your income taxes for a couple of days, and you happily click the button to efile them. Instead of getting a message that says your return has been accepted and is being processed, you learn that a return has already been filed using your Social Security number.

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4 Ways QuickBooks Helps You Accelerate Receivables

4 Ways QuickBooks Helps You Accelerate Receivables

Your business is growing. You’re adding more products or services, bringing in new customers quickly, and maybe even adding employees. That’s all good. But as you continue to thrive, your expenses increase. What do you do when revenue isn’t keeping pace with your need for operating capital?

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