3.21.23
Have a Foreign Account? File an FBAR
Any U.S. person with a financial interest in, or signature or other authority over, any foreign financial accounts must file a Report of Foreign Bank…
3.21.23
Do You Need to Take a Required Minimum Distribution by April 1, 2023?
With the recent enactment of The Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act (the Act), we have been getting a lot of…
3.15.23
Corporate Fraud – More Common Than You Think
It seems like our news is flooded with stories of fraud being committed almost daily. From ransomware and insurance fraud to identity theft and scams,…
3.14.23
Turn That Fraud Dispute Into a Loyalty-Building Opportunity
If customers report fraud or suspicious charges on their accounts, what might seem like a challenge can actually be an opportunity for your business. Handle…
3.14.23
How AI and Machine Learning Help Fight Fraud
The biannual Association of Certified Fraud Examiners “Report to the Nations” has repeatedly concluded that the longer fraud schemes remain undetected, the greater the losses…
3.14.23
What Business Owners Can Do About Insurance Fraud
According to various sources, around 10% of all insurance claims involve fraud. Insurance companies generally pass along the cost of these fraud losses to policyholders…
3.14.23
Changes in SEC. 174 Make It a Good Time To Review the R&E Strategy of Your Business
It’s been years since the Tax Cuts and Jobs Act (TCJA) of 2017 was signed into law, but it’s still having an impact. Several provisions…
3.14.23
U.S. Supreme Court Rules Against the IRS on Critical FBAR Issue
The U.S. Supreme Court recently weighed in on an issue regarding a provision of the Bank Secrecy Act (BSA) that has split two federal courts…
3.14.23
Cost Control Strategies for Your Construction Business
Cost control in construction is the difference between making a profit and absorbing a loss. The rate of inflation is neglected in most construction economics…
3.14.23
Placing a High Value on a Construction Business Valuation
If you own or co-own a construction business, it’s likely your most valuable asset. But the question is, just how valuable is it? This is…