Protect Your Nonprofit from Holiday Fraud
The busy year-end giving season, coupled with holiday absences, can leave your nonprofit vulnerable to fraud. This risk increases if you rely on more volunteers during this time, host special […]
Category: Articles
Can You Trust Your Job Candidates? Uncovering Resume Fraud
In today’s competitive job market, applicants often feel pressure to make their resumes stand out. For some, this means embellishing the truth or even outright falsification of their qualifications, experience, […]
International Fraud Awareness Week 2024
International Fraud Awareness Week, led by the Association of Certified Fraud Examiners (ACFE), runs from November 17-23. This global initiative aims to spotlight fraud, promote prevention strategies, and encourage businesses […]
Understanding Self Employment Tax
If you own a growing, unincorporated small business, you might find self-employment (SE) tax bills to be a significant concern. The SE tax ensures that Social Security and Medicare taxes […]
Engage Donors This Giving Season
With 2024 coming to a close, it’s time to focus on your year-end fundraising. Did you know that December alone sees 30% of all charitable giving, according to Double the […]
Revitalizing Your Nonprofit Programs for Greater Impact
As you plan your nonprofit’s 2025 budget, it’s essential to consider program effectiveness and resource allocation. Many organizations may face financial constraints next year due to reduced donations and grants. […]
Mandatory SNF Off-Cycle Revalidations
In an effort to increase transparency, CMS is requiring all skilled nursing facility providers to complete an off-cycle provider enrollment revalidation. SNFs will be receiving notices from their respective Medicare […]
Protecting Employee 401(k) Savings from Fraud
Recently, a 401(k) participant lost approximately $740,000 in an intricate scam orchestrated by overseas criminals. Alarming cases also reveal that friends, family, and even employers have been implicated in 401(k) […]
Ohio Department of Taxation Issues Refund Error Notice
The Ohio Department of Taxation (ODT) has informed the OSCPA that a limited number of taxpayers received incorrect refunds or inflated credit carryforward amounts due to a system error. Refund […]
IRS Announces New Retirement Contribution Limits for 2025
The IRS has set new contribution limits for retirement plans in 2025, raising the cap for 401(k) plans to $23,500, up from $23,000 in 2024. Here’s a quick overview of […]
Building Retirement with a Solo 401(k)
If you’re self-employed and operate a small business without any employees (other than your spouse), a solo 401(k) plan is a great option for establishing a retirement plan. This plan […]
FinCEN Extends BOI Reporting Deadline for Hurricane Victims
Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced that victims of Hurricanes Milton, Helene, Debby, Beryl, and Francine will have an additional six months to […]
