Preparing Early for GASB 105: Subsequent Events and Year-End Disclosure Discipline
GASB Statement No. 105, Subsequent Events, is effective for fiscal years beginning after June 15, 2026, and all reporting periods thereafter. While that date may feel distant, the practical work of preparing begins much earlier. The standard defines subsequent events as transactions or other events that occur after the date of the financial statements but [&hel
Headlights Newsletter – Q3 2026
The latest issue of Headlights, a publication of the AutoCPA, is now available. Click here to access the newsletter.
Preparing for a More Active M&A Market: What Sellers Should Do Now
After a more uneven transaction cycle, many business owners are beginning to think more seriously about what a future sale could look like. Even when market activity improves, a successful transaction does not start when a buyer appears. It starts well before that, with clean financial information, organized documentation, and a clear understanding of the [&hel
Payment Fraud on Construction Projects: Strengthening Controls Before Money Moves
Construction firms move quickly by nature. Project timelines are tight, subcontractors need to be paid, materials must be secured, and change orders can shift cash needs with little warning. That pace creates opportunity, but it also creates risk. As construction activity continues across infrastructure, power, water, data center, and semiconductor projects, fi
Floorplan Interest and Depreciation: A Year-End Review for Dealership Owners
Year-end planning gives dealership owners an important opportunity to look beyond sales results and focus on two areas that can have a meaningful impact on financial performance: floorplan interest and depreciation. Both can affect cash flow, taxable income, and how leadership evaluates the cost of carrying inventory and investing in the business. This re
Understanding When Tips Are Subject to Sales Tax in Minnesota & South Dakota
Businesses often assume that if a tip isn’t subject to federal income tax withholding rules, it must also be exempt from sales tax. But sales tax is a state question, and states determine for themselves whether a gratuity is taxable. Minnesota and South Dakota provide straightforward but different guidance on when a tip becomes a taxable charge. You’r
Is Your Construction Business Transferable?
For many contractors and developers, the business represents years of hard work, client relationships, community reputation, and calculated risk. Yet a successful business is not always a transferable one. A company may have steady revenue, a strong backlog, and long-standing customer relationships, but still face challenges if ownership or leade
Are Separately Stated Delivery Charges Taxable?
Many businesses add delivery, shipping, or freight charges to customer invoices. The question is whether these charges are taxable. States fall into two main groups. Some do not tax separately stated delivery charges. Others tax the charge whenever the underlying item is taxable. Because invoices often itemize delivery charges separately, it is important to kno
Brady Martz Named Among IPA’s 2026 Top 100 Firms
Independently owned accounting and advisory services firm Brady Martz is proud to announce that it has been named among Inside Public Accounting’s (IPA) Top 100 Firms in 2026. Each year, IPA releases a ranking of the 500 largest public accounting firms in the U.S. based on each participating firm’s net revenues. The rankings are then […]
How Often Should Dealers Really Review Their Financial Statements?
For many dealerships, financial statements are reviewed once a month, often after the accounting close. That monthly review is important, but it should not be the only time leadership looks at performance. In a dealership environment where inventory, floor-plan interest, incentives, gross profit, and cash flow can shift quickly, waiting until month-end may