When to Capitalize Repairs for Tax Purposes

When to Capitalize Repairs for Tax Purposes

Capitalizing Repairs For businesses, repairs and maintenance are a regular part of operations, which help keep your assets in proper working condition. However, when it comes to tax treatment, not all repairs can be immediately deducted as expenses. Sometimes, these...
What is a FAR Audit?

What is a FAR Audit?

FAR Audit If you have ever operated a business involved in federal government contracts, you may have heard about FAR audits. These audits, governed by the Federal Acquisition Regulations (FAR), are how companies maintain compliance with government requirements and...
3 Major KPIs to Track for Dental Practices

3 Major KPIs to Track for Dental Practices

KPIs, or key performance indicators, are essential to track the success of any business. They are a good measure of the overall financial health of a company and can pinpoint certain areas that may need improvement. Dental practices specifically focus on a certain set...