MBA News

A common perception of domestic violence is that it only involves physical violence. But the experts provide a much broader definition. Not only does it affect more women, but the evidence can be much more easily masked. Even with makeup, a serious black eye can be hard to hide.... Continue Reading

Retailers often find accounting for merchandise inventory challenging and time-consuming, especially when they carry many different types of products. The retail inventory method simplifies the process by allowing taxpayers to approximate ending inventory without necessarily... Continue Reading

Back-to-school shopping is just one example of how expensive it can be to raise a child. Today’s youngsters want more than pencils and gym shoes to start the school year. Kids also expect (and often get) cell phones, personal computers and designer jeans. The costs continue... Continue Reading

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Some companies work with independent contractors to save time, money and headaches. However, there are considerable accounting and tax implications if you make the wrong choice regarding a worker’s status. If you decide to hire an independent contractor and the IRS later... Continue Reading

You wouldn’t perform a surgery on yourself. The same holds true when buying a business. Unless you’re well-versed in performing a comprehensive financial analysis of a business, it doesn’t make sense to buy one without using a due diligence and valuation... Continue Reading

Imagine an intruder enters your home. You hide in the closet. Fortunately, your cell phone is in your pocket. Calling 911 might alert the intruder to your whereabouts before help arrives, but texting 911 could save the day — if it’s available in your area and enabled... Continue Reading

Normally, a taxpayer may qualify for home office deductions when he or she uses a separate room or clearly divisible space strictly for business purposes. But what if your place is so small that you can’t avoid at least some minimal personal use? That was the situation in a... Continue Reading

Large employers have self-insured their health benefits for decades. In fact, 93 percent of employers with at least 5,000 employees were self-insured in 2012, according to a Kaiser Foundation survey. Compare this with just 15 percent of self-insured employers having fewer than... Continue Reading