Knowledge
CFO.com and HBJ interview FML partner Justin Wilcox about cryptocurrency news20230512110000
CFO.com and HBJ interview FML partner Justin Wilcox about cryptocurrency news
FMLMay 12, 2023
FML's Justin Wilcox was quoted in an article on CFO.com about the potential approval of a new accounting standard for crypto assets....
NBC Connecticut interviews FML partner Angel Li ahead of tax deadline20230414083000
NBC Connecticut interviews FML partner Angel Li ahead of tax deadline
FMLApril 14, 2023
FML's Angel Li was interviewed by Jane Caffrey live on NBC Connecticut News at 7 just days before the tax deadline and was asked to provide tips for last-minute filers....
CNET, Nasdaq and more quote FML on dependents and day care tax credits20230407090000
CNET, Nasdaq and more quote FML on dependents and day care tax credits
FMLApril 7, 2023
Leading up to the tax deadline, FML's Angel Li was quoted in articles by CNET, about claiming a boyfriend or girlfriend as a dependent, and GOBankingRates, about claiming day care costs. The GoBankingRates article was also picked up by Yahoo Finance and Nasdaq....
6 Myths About the Soon-to-Expire Employee Retention Tax Credit20230126140837
6 Myths About the Soon-to-Expire Employee Retention Tax Credit
FMLJanuary 26, 2023
As the sunset date approaches, you may have seen ads about the employee retention tax credit targeting restaurants and promising $26,000 in refundable tax credits per employee. While that is the maximum amount per employee, there are many factors in determining the refund amount. The IRS has warned ...
How to build your finance team as your company grows20230104155928
How to build your finance team as your company grows
FMLJanuary 4, 2023
As a company grows, so does its financial team. But not all companies have the same finance needs. Which roles should you prioritize? And how do you know when it’s time to fill them?...
Policy shifts, macroeconomics dominate year-end small business tax strategies20221121080000
Policy shifts, macroeconomics dominate year-end small business tax strategies
FMLNovember 21, 2022
With just weeks left in the year, businesses can still take actions that will benefit their 2022 tax position. FML partners Jim Arcouette and Bill Slattery explain how in this article they co-authored for Hartford Business Journal....
Burned out on public accounting or burned out on your firm? They’re not the same thing.20221006140900
Burned out on public accounting or burned out on your firm? They’re not the same thing.
FMLOctober 6, 2022
See this article as it originally appeared in Accounting Today. Burnout is real. And in the wake of the pandemic, in one way or another, most of us have felt it. Even before the pandemic, I saw young accountants make a common mistake: assuming they are burned out with public accounting as a professi...
Deferral period for paying off SBA loans ending soon20220914120200
Deferral period for paying off SBA loans ending soon
FMLSeptember 14, 2022
I was interviewed recently for a Hartford Business Journal article about how the ability to push off repayments from U.S. Small Business Administration’s Economic Injury Disaster Loan program will come to a close in October for the earliest borrowers. The program kept many companies going thro...
Small businesses are dealing with big headaches20220913114247
Small businesses are dealing with big headaches
FMLSeptember 13, 2022
I was interviewed recently for a Hartford Business Journal article about small businesses grappling with the difficulties of inflation, supply chain disruptions, employee shortages and more. As a founding partner of FML, I’ve kept my finger on the pulse of the perpetually changing financial la...
5 steps to avoid mismanaging biopharma grant funds20220908111603
5 steps to avoid mismanaging biopharma grant funds
FMLSeptember 8, 2022
See this article as it originally appeared in Pharmaceutical Online. Here is an excerpt from an article I wrote for Pharmaceutical Online about what needs to be done after winning a grant. It was also published by Outsourced Pharma, Bioprocess Online and Biosimilar Development. After an exhausting p...