Fraud Lurks: In Your Employees By: Stanley Olejarski CPA CGMA We are all rightfully concerned about external schemes to defraud companies by would-be perpetrators wreaking havoc by hacking into our IT systems. However, the fact is the vast majority of […]
Need a new business vehicle? Consider a heavy SUV Are you considering buying or replacing a vehicle that you’ll use in your business? If you choose a heavy sport utility vehicle (SUV), you may be able to benefit from […]
Whistleblower policies protect both staffers and your nonprofit By: Helen Weeber According to the Nonprofit Times, only 41% of not-for-profits have whistleblower policies. Perhaps nonprofit leaders believe their organizations are too small or collegial to worry about illicit activities — let […]
New Ohio Tax Conformity Bill Passes Big tax news out of Columbus on March 24th. Ohio Legislature approved a tax conformity bill and voted to move the tax deadline to May 17th. Both items await Governor […]
The interview before the fraud interview By: Tony LaNasa When Anna, the CEO of a small manufacturing company, received an anonymous report about fraud in the accounting department, she wasn’t sure how to act. After all, the complaint could […]
Is an S corporation the best choice of entity for your business? By: Kate Protsenko-Blake CPA Are you thinking about launching a business with some partners and wondering what type of entity to form? An S corporation may be the most suitable form of business for […]
More Economic Impact Payments: Watch Mail for Checks, Debit Cards The IRS announced the next batch of Economic Impact Payments will be issued this week. Many of these are coming by paper check or a prepaid debit card. How will […]
ARPA proposes to help “rescue” nonprofits By: Helen Weeber No one needs to tell nonprofit organizations how tough the past year has been. According to the John Hopkins Center for Civil Society Studies, 7.7% of not-for-profit workers — nearly […]
Divorce Fraud: When divorcing business owners minimize profits By: Tony LaNasa Dividing a marital estate is rarely easy. But it’s made much harder if a divorcing spouse owns a private business and attempts to artificially deflate its profits or hide assets. […]
Business highlights in the new American Rescue Plan Act By: David M. Reape President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. While the new law is best known for the provisions providing relief to individuals, there are […]
What’s in the American Rescue Plan Act (ARPA)? By: Tony LaNasa The American Rescue Plan Act, 2021 (ARPA) was signed by President Biden on March 11, 2021 to help businesses, nonprofits and individuals affected by COVID-19. The legislation extends and expands […]
Nonprofits: Hit your targets with benchmarking By: Helen Weeber How committed is your not-for-profit organization to benchmarking? Perhaps you think it makes sense in the for-profit sphere, but not as much for charities and other nonprofits. If so, you’re […]