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Key 2024 Inflation-adjusted Tax Parameters for Small Businesses and Their Owners
The IRS recently announced various inflation-adjusted federal income tax amounts. Here’s a rundown of the amounts most likely to affect small businesses and their owners.
The Anatomy of a Client Accounting Services (CAS) Team
Specific roles within a CAS team can vary depending on the firm and client’s needs, but here are some typical roles you might find in a CAS practice.
Brinker Simpson & Company, LLC, Delaware County's largest locally owned, full-service public accounting firm, is pleased to welcome Andrew Terry to our team of professionals. He joins the Firm as an associate in the Audit and Assurance department.
What is Residual Fraud Risk — and What Can Your Business Do About It?
Even if your organization enforces robust internal controls to prevent fraud, residual risk may remain. How is this possible? We define residual risk and suggest options for dealing with it.
11 Exceptions to the 10% Penalty Tax on Early IRA Withdrawals
If you’re facing a serious cash shortfall, one possible solution is to withdraw from your traditional IRA early. That means before you’ve reached age 59½. You need to understand the tax implications, including when the 10% penalty tax might apply.
This e-newsletter is for general informational purposes only and does not constitute legal, tax, accounting, investment, or professional advice. It should not replace professional consultation. Always seek advice from qualified professionals before making any decisions. The tax information provided is not intended for use in avoiding penalties. We do not guarantee the accuracy or completeness of this information and disclaim all warranties, express or implied.