Blog

July 30, 2019/Furniture Insights

July 2019 Furniture Insights

July results show a declining trend in new orders for the fourth consecutive month but consumer confidence remains positive, according to our latest Furniture Insights.

July 1, 2019/Furniture Insights

June 2019 Furniture Insights

April results show a continued string of declining orders, with 2019 results down 9% from the same time last year, according to our latest Furniture Insights.

May 29, 2019/Furniture Insights

May 2019 Furniture Insights

Signs of a slowdown continue as new orders are down 3% and only 42% of participants saw an increase according to our latest Furniture Insights.

May 15, 2019/Tax

Smith Leonard Expands Sales and Use Tax Offerings

Smith Leonard is proud to announce expanded team capabilities to serve our clients with their sales and use tax needs. Our Sales and Use Tax Group is able to assist clients with sales tax issues, ERP platform integration and nexus surveys.

April 30, 2019/Furniture Insights

April 2019 Furniture Insights

Business has begun to slow down, with orders falling 5% in February as compared to February of 2018.

April 23, 2019/Not-For-Profit

Spring 2019 Nonprofit Standard

Explore key trends impacting the nonprofit industry in the Spring 2019 issue of the Nonprofit Standard, including new guidance on taxable income from parking and additional information on the 21% executive compensation tax.

March 29, 2019/Furniture Insights

March 2019 Furniture Insights

New orders continue their upward pace, with 8% growth since January of 2018. While positive, this does not tell the whole story, as only half of participants reported increases in our latest Furniture Insights.

March 1, 2019/Furniture Insights

February 2019 Furniture Insights

Mixed results for December as orders are up 7% overall, but only 45% of participants reported they experienced an increase. Overall for the year, orders are up 6%, showing an continued positive trend of growth for the furniture industry.

February 10, 2019/Accounting and Auditing

A Fresh Look at Percentage of Completion Accounting

How do you report revenue and expenses from long-term contracts? Some companies that were required to use the percentage of completion method (PCM) under prior tax law may qualify for an exception that was expanded by the Tax Cuts and Jobs Act (TCJA). This could, in turn, have spillover effects on some companies’ financial statements. […]

February 8, 2019/Accounting and Auditing

Accounting for Overhead Costs

Accurate overhead allocations are essential to understanding financial performance and making informed pricing decisions. Here’s guidance on how to estimate overhead rates to allocate these indirect costs to your products and how to adjust for variances that may occur. What’s included in overhead? Overhead costs are a part of every business. These accounts frequently serve […]

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