Achieving and maintaining profitability for your practice is essential and having the capability to track key metrics that measure productivity is core to being successful.
Posted on October 27, 2020
Tax Implications When Lenders Cancel Debts in the COVID-19 Era
In the COVID-19-ravaged economy, debts can pile up beyond a borrower's ability to repay. Lenders sometimes may be willing to forgive (or cancel) debts that are owed by certain borrowers.
Posted on October 21, 2020
BST & Co. CPAs, LLP announces series of new hires, promotions
ALBANY, NY – October 21, 2020 – BST & Co. today announced a series of new appointments and promotions within several departments at the financial and management consulting firm.
Posted on October 15, 2020
Webinar Recording: Pre-election Financial Planning
Robert Canterbury from BST Wealth Management presents Pre-election Planning and Strategy. With the presidential election rapidly approaching, now is a good time to evaluate your tolerance for risk and determine if any investment allocation changes may be warranted.
Posted on October 13, 2020
COVID-19 Relief: New Rules for Deducting Charitable Contributions
No matter what any of us have tried to accomplish in 2020, it certainly has been harder to achieve. That is the case for not-for-profit organizations, which depend on charitable giving to support their mission.
Posted on October 8, 2020
When accounting for your leases, will you benefit from FASB’s response to Covid-19?
In anticipation of disruptions resulting from the Covid-19 Pandemic (Covid-19), on June 3, 2020, the Financial Accounting Standards Board (FASB) granted a one-year effective date delay for certain entities implementing the new lease accounting standard (Topic 842).
Posted on October 1, 2020
Webinar Recording: Human Resource Solutions for Recovery and Resilience Webinar
Top human resources professionals from the Capital Region will share valuable insight, best practices and new approaches in relation to human resources, including technology trends for recruitment and tips for transitioning back to the office.
Posted on September 30, 2020
New York Paid Sick Time Frequently Asked Questions
Starting January 1, 2021 nearly all New York employers must offer paid sick leave to their employee under the recently enacted New York Labor Law.
Posted on September 29, 2020
Buying a Distressed Business
Many businesses have suffered financial losses due to the COVID-19 crisis. Some may even be on the verge of bankruptcy or otherwise looking for an exit strategy.
Posted on September 23, 2020
Webinar Recording: Evaluate and Maintain Internal Accounting Controls in a Remote Environment
What is an internal control? This webinar answers this and other key questions facing businesses.
Posted on September 22, 2020
Achieving Financial Stability
Business owners may often experience the “pit in their stomach” feeling when they assess the financial stability of their organizations.
Posted on September 21, 2020
Webinar Recording: Small Business Retirement Plans: Cheaper than Ever
Robert Canterbury hosted a webinar on Small Business Retirement Plans and the impact of the Secure Act.
Posted on September 20, 2020
SBA Paycheck Protection Program (PPP) Forgiveness FAQ's
Recently the SBA has updated its web page to reorganize their PPP Forgiveness FAQ’s section so that it is broken down into sections listed below
Posted on September 20, 2020
Payroll Tax Deferral
On August 29, the U.S. Department of the Treasury released Notice 2020-65 in response to President Trump’s executive order allowing employers to defer the employee share of Social Security tax (6.2%) withheld from September 1 through December 31, 2010.
Posted on August 7, 2020
BST & Co. Announces Promotion of Staff Members
ALBANY, NY – AUGUST 4, 2020 – BST & Co. today announced a series of promotions at the Capital Region-based financial and management consulting firm.
Posted on August 6, 2020
Five Compelling Reasons to Consider Outsourcing
In prior blog posts, we have discussed the Benefits of Outsourcing, the Economics of Outsourcing, and Metrics that Matter. In and through these blogs, we have articulated a rationale for utilizing outsourcing – specifically accounting and finance – within an organization.