End of Support for QuickBooks 2013

It is now June 1st, which means we are close to the first day of summer, but also that Intuit has officially ended support for QuickBooks 2013. What does this mean for current QuickBooks 2013 users? Payroll services and support for the software are no longer provided....

Let’s Get Back to Basics – Do You Have a Sound Exit Strategy?

The overriding theme presented is what companies should be doing in order to improve profitability within their operations.  The concept involves having a well-defined process in place that focuses on best practices, team building, and accountability.  This process...

Delphi Wins IRS Inversion Challenge

Delphi Automotive PLC won an appeal with the IRS allowing the company to be treated as a U.K. tax resident for U.S. federal tax purposes. The tax agency had claimed in 2014 that Delphi, whose top executives are in Troy, Mich., should be treated as a U.S. corporation...

Two Key Ratios

Value added and the Productivity Index Value added is defined as net sales less material and incoming freight costs.  In the case of non-manufacturing companies, value added is the same as gross profit.  The value added amount covers all other costs incurred by a...