We are excited to announce that Melanie Abigania has been promoted to Shareholder, one of 12 fall promotions. Melanie started at Sweeney Conrad in January of 2005, and has spent the past 14 years specializing in tax compliance, consulting, and planning for high net worth individuals, trusts, and estates. She is passionate about advising her clients, assisting them on small business issues, income tax planning, and estate and gift tax planning, and helping them figure out complicated tax lingo. Her clients operate in industries including real estate development, professional services, wholesale and manufacturing.
This week, the Financial Accounting Standards Board (FASB) announced a delay in the effective dates for standards on accounting for leases, credit losses, and hedging applicable to private companies and certain other entities.
Every fall, executives and managers undertake a familiar exercise—creating a budget for the coming year. Many dread the process, which can be long and frustrating. But a good budget provides several benefits for business owners: