'What Now?' A Trustee / Executor's Guide to Getting Started
Have you been named as executor of your parent's estate? What does this job entail? Acting as an executor of an estate can involve a great deal of ...
Cash Flow Clarity: Properly Classifying Your Financial Statements
Properly prepared financial statements provide a wealth of information about your company. But the operative words there are "properly prepared." ...
Year-End Tax Moves: It's Not Too Late!
As the end of the year draws near, savvy taxpayers look for ways to reduce their tax bills. This year, the sense of urgency is higher for many ...
Behind the Audit: How Auditors Verify Balances and Transactions
Audit season is just around the corner for calendar-year entities. Understanding the types of source documents your audit team might request can ...
Is Your Company Protecting Employees' 401(k) Savings from Fraud?
A recent case involved a 401(k) plan participant who was defrauded of approximately $740,000 by overseas criminals. Unfortunately, fraud involving ...
How a 529 Plan Can Unlock Your Child's Education Fund
If you have a child or grandchild planning to attend college, you've likely heard about 529 plans: qualified tuition programs designed to help prepay ...
Self-Employed? How a Solo 401(k) Builds Your Nest Egg
If you're self-employed or own a small business with no employees (other than your spouse), a solo 401(k) can be an excellent option for retirement ...
Are NIL Collectives Breaking IRS Rules? What You Need to Know
In 2023, the IRS Chief Counsel released Memorandum AM 2023-004, which examined whether Name, Image, and Likeness (NIL) collectives, established to ...
Reasons an LLC Might Be the Ideal Choice for Your Business
Choosing the right business structure is a critical decision for any business owner. For many small and medium-sized businesses, a limited liability ...