RKG Accountants
RKG Accountants
Practical guides on tax deadlines, deductions, business licensing, and U.S. GAAP standards — written by RKG Accountants.
A practical guide to ASC 280 segment reporting requirements, CODM identification, and the ASU 2023-07 disclosure enhancements businesses need to know.
US GAAPHow ASC 275 requires disclosure of estimation uncertainty and concentration risk, and how it lines up with SEC MD&A and Risk Factors requirements.
US GAAPUnderstanding ASC 274 personal financial statements: measurement basis, valuation methods, tax provisions, and common engagement types.
US GAAPHow ASC 272 shapes GAAP presentation and disclosure for single- and multi-member LLCs taxed as partnerships.
US GAAPASC 270 interim financial reporting requirements, minimum disclosures, and FASB's proposed 2024 update clarifying the material-events principle.
US GAAPASC 250 explained: changes in accounting principle, estimate, and reporting entity, plus how to correct and disclose prior-period errors.
US GAAPA full walkthrough of ASC 260 earnings-per-share rules: basic vs. diluted EPS, the treasury stock and if-converted methods, and post-ASU 2020-06 changes.
US GAAPASC 255's optional framework for disclosing the effects of inflation and price-level changes on financial statements.
US GAAPHow ASC 235 governs the form, content, and materiality of the notes accompanying GAAP financial statements.
US GAAPASC 230 cash flow statement classification, direct vs. indirect presentation, key disclosures, and recent FASB updates including crypto guidance.
US GAAPHow ASC 225 governs income statement presentation, the elimination of extraordinary items, and new expense disaggregation rules under ASU 2024-03.
US GAAPASC 220 comprehensive income reporting: OCI components, AOCI, reclassification adjustments, and recent FASB updates through ASU 2024-03.
US GAAPASC 215's requirements for presenting changes in shareholders' equity — common stock, APIC, retained earnings, treasury stock, and AOCI.
US GAAPASC 210 balance sheet presentation rules: classified vs. unclassified formats, and the offsetting/netting requirements under ASC 210-20.
US GAAPASC 205: the foundational GAAP standard for financial statement structure, comparative presentation, discontinued operations, and liquidation basis accounting.
US GAAPASC 105 establishes the FASB Codification as the single source of authoritative U.S. GAAP — the GAAP hierarchy every accountant should know.
Business & TaxA complete guide to trademark types, USPTO classes, and the step-by-step trademark application process for U.S. businesses.
Business & TaxAn accountant-approved, step-by-step guide to obtaining a liquor license in New York, from license types to community notification and final approval.
Business & TaxHow credit card tips are taxed, what processing fees restaurants can deduct, and payroll compliance requirements for tip reporting.
Business & TaxA step-by-step guide to USDA FNS authorization, required documentation, and the Restaurant Meals Program for accepting SNAP/EBT payments.
Business & TaxHow cost segregation studies accelerate depreciation on real estate components to reduce taxable income and improve cash flow.
Business & TaxHow single-member LLCs are taxed by default, why partnership taxation isn't available, and how to elect C corporation status with Form 8832.
Tax TipsKey 2025 tax filing deadlines, why early preparation matters, and how professional tax services help you file accurately and on time.
Tax TipsWhy expert bookkeeping, tax planning, payroll, and consulting services help businesses of every size streamline operations and grow.
Tax TipsHow RKG Group's accounting, tax preparation, and registered agent services keep your business compliant and positioned for growth.
Tax TipsWhy contributing to a Health Savings Account offers triple tax advantages for anyone with a high-deductible health plan.
Tax TipsA quick look at popular tax credits — the Earned Income Tax Credit, Child Tax Credit, and education credits — that directly reduce what you owe.
Tax TipsHow tax-loss harvesting lets investors offset capital gains and deduct up to $3,000 of net capital losses against ordinary income.
Tax TipsWith key provisions of the Tax Cuts & Jobs Act set to sunset, why year-round tax planning matters more than ever in 2025.
Tax Tips2024/2025 IRA and 401(k) contribution limits, and how retirement contributions can significantly reduce your taxable income.
Tax Tips2025 standard deduction amounts for single, married filing jointly, and head of household filers, and when itemizing may still be better.
Tax TipsThe 2025 IRS tax brackets for single filers, adjusted for inflation, and how marginal rates apply to your income.