Blog

Ticket scams: When the price of admission is too high

Ticket scams: When the price of admission is too high

March 8, 2019
Concert, sporting and other event tickets can go for astronomical prices — when they’re even available. Hoping to find reasonably priced tickets (or to find tickets at all), many consumers turn to the online resale market. But while most resale transactions are legitimate, some involve ticket scammers.
Read More
Is your business prepared for a fraud disaster?

Is your business prepared for a fraud disaster?

March 8, 2019
Your company probably has a contingency plan for such potential calamities as fires and natural disasters. But what about a fraud contingency plan? Even if you don’t believe that one of your trusted employees would ever steal from you, it pays to be prepared.
Read More
3 big TCJA changes affecting 2018 individual tax returns and beyond

3 big TCJA changes affecting 2018 individual tax returns and beyond

March 8, 2019
For 2018 through 2025, the Tax Cuts and Jobs Act (TCJA) makes significant changes to personal exemptions, standard deductions and the child credit. The degree to which these changes will affect you depends on whether you have dependents and, if so, how many. It also depends on whether you typically itemize deductions.
Read More
Many tax-related limits affecting businesses increase for 2019

Many tax-related limits affecting businesses increase for 2019

March 8, 2019
A variety of tax-related limits affecting businesses are annually indexed for inflation, and many have gone up for 2019.
Read More
2 major tax law changes for individuals in 2019

2 major tax law changes for individuals in 2019

March 8, 2019
While most provisions of the Tax Cuts and Jobs Act (TCJA) went into effect in 2018 and either apply through 2025 or are permanent, there are two major changes under the act for 2019.
Read More
Tax-free fringe benefits help small businesses and their employees

Tax-free fringe benefits help small businesses and their employees

March 8, 2019
In today’s tightening job market, to attract and retain the best employees, small businesses need to offer not only competitive pay, but also appealing fringe benefits. Benefits that are tax-free are especially attractive to employees.
Read More
How experts use tax returns to find hidden assets

How experts use tax returns to find hidden assets

January 29, 2019
Business owners engaged in fraudulent activities often try to manipulate their companies’ financial statements. Fortunately for fraud experts, business owners’ tax returns aren’t as easy to misrepresent.
Read More
Higher mileage rate may mean larger tax deductions for business miles in 2019

Higher mileage rate may mean larger tax deductions for business miles in 2019

January 29, 2019
This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business increased by 3.5 cents, to the highest level since 2008.
Read More
What will your marginal income tax rate be?

What will your marginal income tax rate be?

January 29, 2019
While the Tax Cuts and Jobs Act (TCJA) generally reduced individual tax rates for 2018 through 2025, some taxpayers could see their taxes go up due to reductions or eliminations of certain tax breaks — and, in some cases, due to their filing status.
Read More
A refresher on major tax law changes for small-business owners

A refresher on major tax law changes for small-business owners

January 3, 2019
With the biggest tax law changes in decades — under the Tax Cuts and Jobs Act (TCJA) — generally going into effect beginning in 2018, most businesses and their owners will be significantly impacted. So, refreshing yourself on the major changes is a good idea.
Read More
Bogus vendors may be costing your company a bundle

Bogus vendors may be costing your company a bundle

January 3, 2019
Are you harboring fictitious vendors in your accounting system? These are vendors invented by an employee — usually someone with the authority to approve invoices — to embezzle from the company. If you sense something isn’t right in your vendor records, don’t let it slide.
Read More
A review of significant TCJA provisions impacting individual taxpayers

A review of significant TCJA provisions impacting individual taxpayers

January 3, 2019
Now that 2019 has begun, there isn’t too much you can do to reduce your 2018 income tax liability. But it’s smart to begin preparing for filing your 2018 return. Because the Tax Cuts and Jobs Act (TCJA), which was signed into law at the end of 2017, likely will have a major impact on your 2018 taxes, it’s a good time to review the most significant provisions impacting individual taxpayers.
Read More