Be careful when applying for a Small Business Administration loan By: Tony LaNasa A Small Business Administration (SBA) loan can make big things happen for your small company. But the agency’s loan program is sometimes abused by con artists who know that many […]
New rules will soon require employers to annually disclose retirement income to employees By: David M. Reape As you’ve probably heard, a new law was recently passed with a wide range of retirement plan changes for employers and individuals. One of the provisions of the SECURE Act […]
Congress rolls back burdensome UBIT on transportation benefits By: David M. Reape A much-hated tax on not-for-profit organizations is on the way out. At the end of 2019, Congress repealed a provision of 2017’s Tax Cuts and Jobs Act (TCJA) that triggered […]
Contemplating fraud litigation? Not without a CPA By: Tony LaNasa You may already know how CPAs can help businesses uncover and prevent fraud. But what about when a fraud incident leads to civil litigation? An experienced CPA can help your […]
New law provides a variety of tax breaks to businesses and employers By: David M. Reape While you were celebrating the holidays, you may not have noticed that Congress passed a law with a grab bag of provisions that provide tax relief to businesses and employers. […]
Has fraud corrupted your supply contracts? By: Tony LaNasa If your business solicits bids for goods or service contracts, there’s a risk that employees will solicit or accept kickbacks to favor certain vendors. Or, they might steer a bid […]
Jury duty fraud rears its ugly head again By: Tony LaNasa Some fraud schemes refuse to die. Jury duty scams existed long before phishing, malware and other cybercrime methods became synonymous with identity theft. Yet just this month, the U.S. Marshals […]
Wayfair revisited — It’s time to review your sales tax obligations By: George Timoteo CPA In its 2018 decision in South Dakota v. Wayfair, the U.S. Supreme Court upheld South Dakota’s “economic nexus” statute, expanding the power of states to collect sales tax from remote […]
The Disaster Act Repeals “parking tax” for Tax Exempt Organizations By: David M. Reape Senate passed the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (commonly referred to as the Disaster Act,) on Thursday, December 19th. The Disaster Act: Repeals the requirement of […]
October 2019 Five-Star Ratings and New Abuse Notification By: Bill Cope The release of the October Five-Star ratings observed a few more revisions to the system effecting nursing facilities (NF). Although not as significant as what was experienced in April 2019, […]
Healthcare data breaches can threaten your financial well-being By: Tony LaNasa Like many sectors of the economy, the healthcare industry regularly suffers data breaches. Healthcare analytics company Protenus has found that nearly 32 million patient records were breached between January and […]
Small Businesses: It may not be not too late to cut your 2019 taxes By: David M. Reape Don’t let the holiday rush keep you from taking some important steps to reduce your 2019 tax liability. You still have time to execute a few strategies, including: Buying assets.Thinking […]