8.19.19
Considering Outsourced Accounting for an NPO?
Nonprofit organizations operate under tight budgets, employing fewer staff members than for-profits. As a result, these employees juggle multiple responsibilities. Turning to an outsourced chief…
8.14.19
Are You Prepared for a Successful SOC Audit?
The SOC framework is complex and requires detailed scoping with policy and procedures documentation in order for a service organization to be successful. With so…
8.9.19
Ensuring That You Have an Adequate Retirement Plan
Planning for retirement can feel overwhelming, but with the right help, it doesn’t have to be. Physicians should meet with their accountants and financial advisors…
8.9.19
Difference Between a Medical Contractor and an Employee
Many doctors do not believe that there is a difference between employees and contractors, and unfortunately, these misconceptions can lead to long-term employment issues. Do…
8.8.19
The IRS Is Targeting Business Transactions in Bitcoin
Bitcoin and other forms of virtual currency are gaining popularity. But many businesses, consumers, employees and investors are still confused about how they work and…
8.8.19
Active vs. Passive Fraud Detection
When it comes to reducing fraud loss and duration, active detection methods (such as surprise audits or data monitoring) are far more effective than passive…
8.6.19
Construction and IT: Are You Up to Speed?
Consider the typical building — a small high-rise or large manufacturing plant. Several hundred companies need to work in unison — a general contractor, an…
8.6.19
Planning for the Net Investment Income Tax
Despite its name, the Tax Cuts and Jobs Act (TCJA) didn’t cut all types of taxes. It left several taxes unchanged, including the 3.8% tax…
8.6.19
Tax Breaks for Teachers
When teachers are setting up their classrooms for the new school year, it’s common for them to pay for a portion of their classroom supplies…
8.6.19
Tax Document Retention Guidelines for Small Businesses
You may have breathed a sigh of relief after filing your 2018 income tax return (or requesting an extension). But is your office strewn with…