restaurant fraud
2.19.19

Keep Fraud Off Your Restaurant’s Menu

In the restaurant industry, where long hours and thin profit margins are the norm, owners and managers often lack the time and resources to focus…

home office deduction
2.19.19

The Home Office Deduction: Actual Expenses vs. The Simplified Method

If you run your business from your home or perform certain functions at home that are related to your business, you might be able to…

ticket scams
2.19.19

Ticket Scams: When the Price of Admission Is Too High

Concert, sporting and other event tickets can go for astronomical prices — when they’re even available. Hoping to find reasonably priced tickets (or to find…

self-employment tax
2.19.19

When Are LLC Members Subject to Self-Employment Tax?

Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services in the form of guaranteed…

Choice of Entity After Tax Reform
2.12.19

Choice of Entity Becomes Even More Important After Tax Reform

One of the most significant effects of the Tax Cuts and Jobs Act (TCJA), passed at the end of 2017, is the impact it had…

Know the Warning Signs of vendor fraud
2.6.19

Vendor Fraud: Know the Warning Signs

When fraud strikes, the culprit might be sitting in your purchasing department. This department is particularly vulnerable to fraud because of the volume of transactions…

fraud experts help companies head off bad mergers
2.5.19

How Fraud Experts Help Companies Head off Bad Mergers

Mergers and acquisitions are filled with risks, some of them unavoidable. But buyers can avoid risks associated with cooked books and other forms of deceptive…

Fundamental Tax Truths for C Corporations
2.5.19

Fundamental Tax Truths for C Corporations

The flat 21% federal income tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been great news for these entities…

Depreciation-related tax breaks on business real estate
1.31.19

Depreciation-Related Breaks on Business Real Estate: What You Need to Know When You File Your 2018 Return

Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the cost every year over the…

Are Your Employees Flying the Red Flags of Fraud?
1.31.19

Are Your Employees Flying the Red Flags of Fraud?

Forensic accountants are best qualified to unearth the “hows and whys” of occupational fraud. But it’s up to employers to know when it’s time to…