Akta Parikh, CPA, CA is a senior associate at Corrigan Krause. 

The most important decision after deciding when, where and what to sell, is at what price. It is common for manufactures to achieve strong top-line sales and still have a loss or less than desirable profits.

Today we will focus on product costing aspect. So, what are costs? An estimate of a price.

Costs to manufacture a product are known as manufacturing or direct costs. Some of the most common costs are raw material Read More >>

Pat Lang is a senior associate at Corrigan Krause.

Accelerated depreciation is a tax strategy that businesses have been utilizing for quite some time.  There are two types of accelerated depreciation: Section 179 Depreciation and standard Bonus Depreciation.  A huge advantage of accelerated depreciation to business owners: the full cost of the purchase may be written off in the year that its placed into service, even if that asset is financed.  This post highlights eac Read More >>