Blog

Expense reimbursement fraud is common, but preventable

Expense reimbursement fraud is common, but preventable

October 2, 2018
Individual incidents of expense reimbursement fraud don’t typically involve significant sums. But left unchecked, they can add up, particularly if executives or frequent travelers are the perpetrators.
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Fraud Examiners report: Awareness can help reduce losses

Fraud Examiners report: Awareness can help reduce losses

October 2, 2018
The typical business or other organization loses 5% of its revenues to fraud each year, with a median loss of $130,000. And about one-fifth of fraud cases involve losses of $1 million or more.
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How to reduce the tax risk of using independent contractors

How to reduce the tax risk of using independent contractors

October 2, 2018
Careful handling of contractors can help ensure that independent contractor status will pass IRS scrutiny.
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2018 Q4 tax calendar: Key deadlines for businesses and other employers

2018 Q4 tax calendar: Key deadlines for businesses and other employers

October 2, 2018
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2018. Keep in mind that this list isn't all-inclusive, so there may be additional deadlines that apply to you.
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Back-to-school time means a tax break for teachers

Back-to-school time means a tax break for teachers

October 2, 2018
When teachers are setting up their classrooms for the new school year, it’s common for them to pay for a portion of their classroom supplies out of pocket. A special tax break allows these educators to deduct some of their expenses.
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Even voicemail is susceptible to fraud

Even voicemail is susceptible to fraud

August 27, 2018
In a world of increasing exposure to online security threats, it’s nice to be able to rely on voicemail for risk-free communication. The problem is, you can’t. Fraud perpetrators are endlessly inventive when it comes to scamming individuals and businesses.
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Do you still need to worry about the AMT?

Do you still need to worry about the AMT?

August 27, 2018
Now is a good time to familiarize yourself with the changes, assess your AMT risk and see if there are any steps you can take during the last several months of the year to avoid the AMT, or at least minimize any negative impact. 
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Choosing the right accounting method for tax purposes

Choosing the right accounting method for tax purposes

August 27, 2018
The Tax Cuts and Jobs Act (TCJA) liberalized the eligibility rules for using the cash method of accounting, making this method - which is simpler than the accrual method - available to more businesses.
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Your attorney’s role in a fraud investigation

Your attorney’s role in a fraud investigation

July 23, 2018
A forensic accountant plays a critical role in a fraud investigation. But if you suspect an employee of fraud, call your attorney first, not your accountant.
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How to avoid getting hit with payroll tax penalties

How to avoid getting hit with payroll tax penalties

July 23, 2018
For small businesses, managing payroll can be one of the most arduous tasks.
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3 traditional midyear tax planning strategies for individuals that hold up post-TCJA

3 traditional midyear tax planning strategies for individuals that hold up post-TCJA

July 23, 2018
With its many changes to individual tax rates, brackets and breaks, the Tax Cuts and Jobs Act (TCJA) means taxpayers need to revisit their tax planning strategies. Certain strategies that were once tried-and-true will no longer save or defer tax.
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Can you trust your business’s bookkeeper?

Can you trust your business’s bookkeeper?

July 10, 2018
Bookkeepers occupy positions of trust in any company. If your bookkeeper no longer deserves your trust, it’s better to know now — before this employee causes serious financial losses.
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