Welcome to the Veridian Blog, your go-to resource for the latest insights, industry updates, and valuable tools to help you navigate the world of finance and accounting. Here, you’ll find a blend of informative articles, firm news, helpful resources, and client-specific information designed to keep you informed and ahead of the curve. Whether you’re looking for tax tips, financial strategies, or updates on regulatory changes, our blog is dedicated to providing you with the knowledge you need to make smarter business decisions and drive financial success.
Latest News:
Self-employed? Don’t overlook valuable tax deductions
If you’re self-employed, you probably have questions about deducting business expenses on your federal income tax return. Here’s a quick overview of the filing requirements for sole proprietors and independent contractors, and five examples of expense deductions that are commonly overlooked or misunderstood. Filing basics Sole proprietors and independent contractors must report their business activity on Schedule C, “Profit or Loss From Business,” of their personal tax returns (Form 1040). Business income…
More from the Veridian Blog:
Self-employed? Don’t overlook valuable tax deductions
If you’re self-employed, you probably have questions about deducting business expenses on…
Where to look when you need to improve profit margins
Increasing revenue isn’t the only way to strengthen your business’s financial performance….
Cost segregation studies can reveal substantial tax savings
Businesses that own commercial real property may be sitting on an overlooked…
Veridian Congratulates Patricia Mendoza, CPA on FICPA Appointments
Veridian Accountants & Advisors is proud to congratulate Patricia Mendoza, CPA, Audit…
Common bank reconciliation pitfalls to watch for
Bank reconciliation is one of the simplest — and most effective —…
Tax identity theft: Businesses are at risk, too
Tax identity theft isn’t limited to individual taxpayers — businesses are also…
2026 South Florida’s Best and Brightest Companies to Work For
Veridian Accountants & Advisors has once again been named a South Florida…
ACA penalties may still apply — and they’re increasing for 2026
Many small businesses don’t have enough employees to worry about the play-or-pay…
Want to speed up your month-end close? Here’s how.
For many organizations, the end of the month brings added pressure to…
FAQs about the R&D credit
Companies that engage in research and development activities may qualify for a…
Craig Armstrong, CPA named 2026 Forbes Best-in-State CPA
Veridian Accountants & Advisors is proud to share that Managing Partner, Craig…
Alfredo Reynoso, CPA Named to CPA Practice Advisor’s 40 Under 40
We are proud to announce that Alfredo Reynoso, CPA, Partner at Veridian…
Cash vs. accrual: Choosing the right accounting method
Many small business owners start with simple accounting processes. But as their…
What’s your potential business vehicle deduction?
If you used one or more vehicles in your business during 2025,…
What to look for on your balance sheet — and how to strengthen it
The balance sheet shows your company’s financial condition — its assets vs….
Tax filing update for pass-through entities
Do you operate a business as a partnership, a limited liability company…
How auditors evaluate key person risks
From technical know-how to charisma and innovation, the skills and personal attributes…
Florida’s New “Home Away From Home” Tax Credit: How Businesses Can Support Families & Reduce Florida Taxes
Beginning in 2026, Florida businesses will have a new opportunity to pair…
Not all “business” expenses are tax deductible
With 2025 in the rear view mirror and the tax filing deadline…
Patricia Siles, CPA Named 2026 Influential Business Women Honoree
Veridian Accountants & Advisors is proud to announce that Patricia Siles, CPA,…
Significant changes to information reporting go into effect for the 2026 tax year
If your business has employees or uses independent contractors, you have associated…
6 last-minute tax tips for businesses
Year-round tax planning generally produces the best results, but there are some…
Review your business expenses before year end
Now is a good time to review your business’s expenses for deductibility….
How often should your business issue financial statements?
For decades, quarterly financial reporting has provided the cornerstone for fair, efficient…
The new law includes a game-changer for business payment reporting
The One, Big Beautiful Bill Act (OBBBA) contains a major overhaul to…
Year-end budgeting: Where to look for cost-saving opportunities
As 2025 winds down, business owners and managers are ramping up their…
A tax guide to choosing the right business entity
One of the most critical decisions entrepreneurs make when starting or restructuring…
FASB updates the guidance for reporting development costs for internal-use software
On September 18, 2025, the Financial Accounting Standards Board (FASB) published updated…
Evaluating business decisions using breakeven analysis
You shouldn’t rely on gut instinct when making major business decisions, such…
Craig Armstrong Featured on FOXCast with Family Office Exchange
Veridian Managing Partner, Craig Armstrong, was a guest on Family Office Exchange’s…
Veridian Named #24 Best Firm to Work For by Accounting Today
Veridian is ranked the #24 Best Firm to Work For (small firms…
The QBI deduction and what’s new in the One, Big, Beautiful Bill Act
The qualified business income (QBI) deduction, which became effective in 2018, is…
How do businesses report cloud computing implementation costs?
Today, many organizations rely on cloud-based tools to store and manage data….
Lower your self-employment tax bill by switching to an S corporation
If you own an unincorporated small business, you may be frustrated with…
Footnotes: The narrative behind the numbers
Although footnote disclosures appear at the end of reviewed or audited financial…
New law includes favorable changes for depreciating eligible assets
The One Big Beautiful Bill Act (OBBBA) includes a number of beneficial…
How to prepay expenses strategically and report them accurately
In accrual-basis accounting, timing is everything. One core principle of U.S. Generally…
Veridian named a 2025 Best Accounting Firm to Work For
Veridian Accountants & Advisors has been named one of the 2025 Best…
A Quick Guide to the “One Big Beautiful Bill Act” (July 2025)
On July 4, 2025, a major tax law, commonly known as the…
DOs and DON’Ts to help protect your business expense deductions
If you’re claiming deductions for business meals or vehicle expenses, expect the…
How to turn F&A turnover into a business opportunity
Turnover in finance and accounting (F&A) leadership is on the rise. In…
Craig Armstrong Named Power Leader in Law & Accounting by South Florida Business Journal
The South Florida Business Journal highlights top executives shaping Miami’s professional services…
The One, Big, Beautiful Bill could change the deductibility of R&E expenses
The treatment of research and experimental (R&E) expenses is a high-stakes topic…
Planning a summer business trip? Turn travel into tax deductions
If you or your employees are heading out of town for business…
Risky business: How auditors help combat corporate fraud
In today’s volatile economic climate, organizations face mounting pressures that can increase…
Veridian Joins Family Office Exchange
We are excited to share that Veridian is officially a member of…
Veridian Honored as a 2025 Best and Brightest Companies to Work For®
May 2025 – The National Association for Business Resources (NABR) was proud…
Veridian ranked one of the Largest Accounting Firms in South Florida by the South Florida Business Journal
As of March 2025, Veridian was officially ranked the #23 Largest Accounting…
Managing Partner, Craig Armstrong, named Forbes Best-in-State CPA
We’re excited to share that our Managing Partner, Craig Armstrong, CPA has…
Miami Office of Accounting Firm Hancock Askew & Co. Relaunches as Independent Firm: Veridian
Miami, FL – January 21, 2025 – Hancock Askew’s Miami office has announced…
