8.6.19
Consider the Flexibility of a Self-Directed IRA
Traditional and Roth IRAs can be relatively “safe” retirement-savings vehicles, depending on what they’re invested in. But a drawback is that they limit your investment…
8.5.19
DOL Expands Retirement Plan Options for Smaller Businesses
The U.S. Department of Labor (DOL) has released a final rule which should make it easier for smaller businesses to provide retirement plans to their…
8.5.19
The Revenue Recognition Principle and Recent Changes
Understanding the difference between revenue and income is essential to understanding revenue recognition: Revenue is defined as the total amount of money a business receives…
8.5.19
How Human Resources Works for Auto Dealerships
Managing an auto dealership is a lot like managing any other business, but in most cases, your employees are not truly your employees. What does…
8.1.19
IRS Eases Rules for Nonprofit Restructurings
Is your nonprofit thinking about merging or otherwise restructuring? You’re not alone. Whether to firm up their financial footing, pursue broader goals or change locations,…
7.30.19
Current and Proposed Overtime Pay Exemption Rules
The Fair Labor Standards Act (FLSA) requires that most employees be paid overtime pay at time and one-half the regular rate of pay for all…
7.29.19
Take a Closer Look at Home Office Tax Deductions
Working from home has its perks. Not only can you skip the commute, but you also might be eligible to deduct home office expenses on…
7.29.19
Why Your Phone May Be a Fraud Risk
As more people use mobile phones, more fraud perpetrators target these devices. According to Javelin Strategy & Research, between 2017 and 2018 the number of…
7.29.19
Assess for Fraud Risk Before You Experience Financial Losses
If you’re like most business owners and executives, you may not actively search for fraud risks — until there’s an incident and you’re facing possible…
7.25.19
Businesses Can Utilize Audit Techniques Guides to Examine Tax Returns
The IRS uses Audit Techniques Guides (ATGs) to help IRS examiners get ready for audits. Your business can use the same guides to gain insight…