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two men looking at documents while sitting at laptops
8.22.19

Anxious About Your Automobile Finance and Insurance Office

The relationship between you and your F&I office can be difficult. Although you both want to sell cars, major differences can disrupt the ways you…

auto dealership performance metrics
8.22.19

Deluged by Key Metrics for Your Automobile Dealership?

A car dealership needs to maintain a net profit level of 10 to 20 percent of total dealership gross profits to be successful. That’s a…

Social security card
8.21.19

What to Do If Your Business Receives a “No-Match” Letter

In the past few months, many businesses and employers nationwide have received “no-match” letters from the Social Security Administration (SSA). The purpose of these letters…

Origami money flying out of hands
8.21.19

When the Early Bird Commits the Fraud, You Need to Catch It – Financial Statement Fraud

Early revenue recognition has long accounted for a substantial portion of financial statement fraud. By recording revenue early, a dishonest business seller or an employee…

Two business men shaking hands at a desk full of paperwork
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…

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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…

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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…

Lab techs working with samples in laboratory
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…

Computer with bitcoin ledger
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…

Woman looking at paper with magnifying glass
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…