4 Cost-cutting Areas to Help Your Business Boost Profits
Many businesses focus on selling more products and services to boost profitability. But sales volume alone doesn’t necessarily raise profits. In ...
4 Bookkeeping Pitfalls for Small Businesses to Avoid
Accurate bookkeeping is essential to operating a successful small business. The problems created by inadequate bookkeeping practices can have ...
Shoring Up Protections Against Expense Reimbursement Fraud
One type of occupational fraud scheme that became more costly for employers since the beginning of the COVID-19 pandemic in 2020 is expense ...
Why Audited Financials Matter
Reliable financial reporting is key to any company’s success. Here’s why your business should at least consider investing in audited financial ...
Feds Expand Overtime Pay & Ban Noncompete Agreements
The U.S. Department of Labor (DOL) has issued a new final rule regarding the salary threshold for determining whether employees are exempt from ...
How Renting Out a Vacation Property Will Affect Your Taxes
Are you dreaming of buying a vacation beach home, lakefront cottage or ski chalet? Perhaps you’re fortunate enough to already own one. In either ...
Have You Had Your Fraud Checkup?
Victims of fraud often wonder why their auditors didn't flag the deception. "We got a clean opinion!" they might protest. "Why didn't they catch this ...
Update on Retirement Account Minimum Distributions
If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax-required minimum ...
IRS Issues Guidance on Tax Treatment of Energy Rebates
The Inflation Reduction Act (IRA) established and expanded numerous incentives to encourage taxpayers to increase their use of renewable energy and ...