5 ways to prevent fraud in your law firm
Because they foster a collegial, trusting environment, law firms can be more vulnerable to fraud than many other types of businesses. Enforcing internal controls may simply seem unnecessary in an […]
Category: Articles
2019 Q2 tax calendar: Key deadlines for businesses and other employers
It’s that time of year again. Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2019. Keep in mind […]
How fraud can scuttle the purchase of your dream home
Buying a home is stressful enough without also having to worry about potential fraud. Unfortunately, real estate fraud is surging. According to Realtor magazine, scams targeting the industry rose 1,100% […]
Holding on to Your Nonprofit’s Exempt Status
If you think that, once your not-for-profit receives its official tax-exempt status from the IRS, you don’t have to revisit it, think again. Whether your organization is a Section 501(c)(3), […]
Is return fraud cutting into your store’s profits?
For brick-and-mortar retailers, return fraud can be a serious financial threat. There are several types of schemes. But when they’re successful, they all end the same way: Stores issue refunds […]
There’s still time for small business owners to set up a SEP retirement plan for last year
If you own a business and don’t have a tax-advantaged retirement plan, it’s not too late to establish one and reduce your 2018 tax bill. A Simplified Employee Pension (SEP) […]
Prevent fraud with the help of your audit committee
Your board’s audit committee is a first line of defense against fraud. But to be effective, committee members need to do more than simply review financial statements and audit results. […]
Will leasing equipment or buying it be more tax efficient for your business?
Recent changes to federal tax law and accounting rules could affect whether you decide to lease or buy equipment or other fixed assets. Although there’s no universal “right” choice, many […]
5 Things You Can do to Minimize the Effects of Identity Theft
No one wants to be a victim of identity theft. But, in a world where more of us spend using credit cards, debit cards or online, identity theft is running […]
Preventing phoenix companies from taking flight with your money
Bankruptcy (or liquidation) can be a valid business tool when used properly. Unfortunately, it can also enable less-than-honest business owners to profit at the expense of their creditors. Such is […]
5 Facts about the New 1040 Form
We’ve been hearing for months that there are big changes to the tax forms. While it’s true there are several changes, if you file electronically, you may not notice them. […]
Beware the Ides of March — if you own a pass-through entity
Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or S corporations for tax purposes. […]
