3.16.20
Wait! Don’t Approve That Office Supply Invoice Yet
When Dan received a large shipment of highlighter markers, he was confused. He didn’t remember ordering them — and he was the company’s sole office…
3.6.20
IRS Offers Identity Protection PIN
The IRS can now give eligible taxpayers an “IP PIN,” a six-digit code to help prevent the misuse of Social Security numbers on fraudulent federal…
3.3.20
The High Cost of Internal Fraud
Every so often a dramatic case of financial fraud makes the headlines because of the sheer amount of money involved. But, on average, companies with…
3.3.20
Is Something Missing From Your Business Insurance Coverage?
You may think your business has enough insurance already. But if it’s vulnerable to employee theft and fraud — and most businesses are — you…
2.25.20
Achieve True Payroll Enlightenment – Setting up Automated Accruals of Benefits and Insurance Costs
For all types of companies, construction businesses included, payroll costs go far beyond compensation meted out every week or two. Contractors, however, really need to…
2.25.20
The SECURE Act’s Impact on Your Retirement
The Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted on 12/20/19. This is the first substantial legislation related to retirement savings to…
2.25.20
Accounting for the Near and the Long Term in a Family Budget
A wise person once said, “Simplicity is the key to a family budget.” (He or she may or may not have been an accountant.) However,…
2.25.20
Own a Pass-Through Entity? Beware the Ides of March
“Beware the Ides of March.” Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies…
2.25.20
Careful Tax Planning Required for Incentive Stock Options
Incentive stock options (ISOs) are a popular form of compensation for executives and other key employees. They allow you to buy company stock in the…
2.25.20
The TCJA Effect: Qualified Residence Interest
The Tax Cuts and Jobs Act (TCJA) made a significant impact — both directly and indirectly — on the deductibility of various types of interest…