Businesses must report unclaimed property By: David M. Reape Are you aware that companies doing business in Ohio are required to report unclaimed property from dormant accounts to the Ohio Department of Commerce? Even if the company has no […]
Fight fundraising obstacles with personal appeals By: Helen Weeber It’s no secret that this is a challenging time for charitable fundraising. In its annual Giving USA 2019 report, the Giving USA Foundation noted a decrease in individual and household […]
Encourage sales staff to walk an ethical line By: Anthony LaNasa When the market competition heats up, you might provide extra incentives for your sales staff to perform. But be careful: Some employees may step over the line — to earn […]
Understanding and controlling the unemployment tax costs of your business By: David M. Reape As an employer, you must pay federal unemployment (FUTA) tax on amounts up to $7,000 paid to each employee as wages during the calendar year. The rate of tax imposed […]
Avoid excess benefit transactions and keep your exempt status By: David M. Reape One of the worst things that can happen to a not-for-profit organization is to have its tax-exempt status revoked. Among other consequences, the nonprofit may lose credibility with supporters and […]
Typosquatters profit from common user errors By: Anthony LaNasa The Web has opened plenty of new avenues for criminal behavior. For example, you may have heard of cybersquatting. Someone registers a site’s domain name that includes a trademark and […]
The chances of an IRS audit are low, but business owners should be prepared By: David M. Reape Many business owners ask: How can I avoid an IRS audit? The good news is that the odds against being audited are in your favor. In the fiscal year 2018, […]
PDPM Rates Now Available! By: Steven Anderson CPA CMS Issues FY 2020 Medicare SNF PDPM Rates Effective October 1, 2019 The Centers for Medicare & Medicaid Services (CMS) published the final rule updating Medicare rates for skilled nursing […]
Protecting youth sports leagues from fraud By: Helen Weeber Who would defraud a kids’ organization? The answer, unfortunately, is that trusted adults sometimes steal from not-for-profits benefiting children. Youth sports leagues and teams, for example, are ripe for fraud. […]
Why affinity fraud is particularly heinous By: Anthony LaNasa Affinity fraud — where perpetrators exploit connections of race, religion, age, politics, and profession — is one of the cruelest forms of criminal deception. Fraudsters often belong to the groups […]
How to treat your business website costs for tax purposes By: David M. Reape These days, most businesses need a website to remain competitive. It’s an easy decision to set one up and maintain it. But determining the proper tax treatment for the costs […]
Getting the goods on hidden assets By: Anthony LaNasa [vc_row][vc_column][vc_column_text] Hidden assets can be an issue in a variety of contexts — from divorce to bankruptcy to fraud. An acrimonious divorce, ownership dispute or occupational theft incident could all […]