Marketing

Rhodes, Young, Black and Duncan (RYBD), with a proud legacy of over 50 years of excellence driven by the dedication of its partners, is thrilled to announce the promotion of Josh Fricks, CPA, to the role of Partner. Since joining RYBD in 2018, Josh has played a key role in advancing the firm’s advisory services, […]

One of the first decisions an entrepreneur needs to make when starting a new business is to choose the most tax-efficient entity structure for the new venture. In most cases, the new business will operate as a S corporation, partnership, sole proprietorship or C corporation. Entity structure determines, among other things, which assets are protected

Now that you’ve decided to outsource your bookkeeping, how do you find the right firm to handle this important business function? The financial reports this firm prepares for you will drive your most critical business decisions. Therefore, you want a company that is not only organized and good with numbers but also one you trust

The stock market’s downturn may have caused your retirement account’s value to decrease. But if you have a traditional IRA, this decline may provide a valuable opportunity. It may allow you to convert your traditional IRA to a Roth IRA at a lower tax cost. Traditional vs. Roth – The difference between the two: Traditional

While many economic indicators remain strong, the U.S. economy is still giving business owners plenty to think about. The nation’s gross domestic product unexpectedly contracted in the first quarter of 2022. Rising inflation is on everyone’s mind. And global supply chain issues persist, spurred on by events such as the COVID-19 lockdowns in China and

No matter what size business you have, bookkeeping is a necessary and time-consuming task. Most likely, you either already use or are thinking about using QuickBooks®, because it offers all the tools and features most small businesses need. Having access to a tool and knowing how to use it are not the same. To aid

Being a small business owner is a round-the-clock job. Rarely are the days long enough to accomplish all that needs to be done. At some point, every one of the close to 32 million small business owners in America has likely considered outsourcing as a way to keep on keeping on. The challenge comes in

The IRS has issued a midyear increase to the 2022 standard mileage rates due to the high cost of fuel. Effective July 1, 2022, there will be an increase of 4 cents for business and medical/moving mileage. Please make a note to communicate these changes for the second half of 2022 to your teams! January

Over the years, the tax code has changed many times and the most recent large piece of legislation, the ‘Tax Cuts and Jobs Act, was passed in 2018. This legislation changed many ways in which taxes are figured, including decreasing tax rates, increasing the standard deduction, eliminating the personal exemption and capping the state and