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…
7.17.19
Construction Companies: Public Sector vs. Private Sector
When it comes to deciding upon working in the private or the public sector, construction companies have a lot to consider in terms of the…
7.17.19
Cash Method of Accounting: Changes Under the Tax Cuts and Jobs Act (TCJA)
The Tax Cuts and Jobs Act (TCJA) brought significant changes to income taxes with its amendments to the Internal Revenue Code of 1986. Among these…
7.17.19
Cover All the Bases with a Background Check
Background checks don’t inoculate companies against occupational fraud and other criminal acts by employees. After all, many thieves have never been caught and, therefore, have…
7.17.19
It’s a Good Time to Buy Business Equipment and Other Depreciable Property
There’s good news about the Section 179 depreciation deduction for business property. The election has long provided a tax windfall to businesses, enabling them to…
7.17.19
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…
7.11.19
The Greatest Corporate Espionage Risk Is Internal
It’s a federal crime to steal trade secrets, but that doesn’t stop thieves from successfully making off with billions of dollars in intellectual property (IP)…
7.11.19
IRS Audits During M&A Transactions
If you’re considering buying or selling a business — or you’re in the process of a merger or acquisition — it’s important that both parties…
7.11.19
Bartering is a Taxable Transaction Even If Your Business Exchanges No Cash
Small businesses may find it beneficial to barter for goods and services instead of paying cash for them. If your business engages in bartering, be…
7.11.19
Fraud Guides May Help Criminals Hack Your Data
Fraud experts have long known that “dark web” sites provide information, support and illicit goods to hackers and other criminals. But security company Terbium Labs…