12.10.21
What Goes Into a Fraud Damages Calculation?
At first glance, calculating restitution for fraud damages may seem relatively simple. If someone steals $10,000 from a company, that person should repay that amount,…
12.10.21
Check Kiting Is No Game
Despite the business community’s rapid adoption of digital payment methods, some companies continue to rely on paper checks. But there’s a long-standing problem with checks:…
12.10.21
How Business Owners Can Comply With New Financial Crime Regulation
Earlier this year, the Corporate Transparency Act (CTA) became the latest law intended to foil financial crime. This law is part of the National Defense…
12.10.21
Protecting Retirement Plans From Cyberattacks
Do you have a robust cybersecurity policy to keep your retirement plan safe from cybercriminals? The 2021 Cyber Security Risk Report by Aon finds that,…
12.9.21
Lease Accounting Standard Is No Longer Delayed for Private Companies and Non-profit Organizations
After many years of being delayed, the Financial and Accounting Standards Board (FASB) met on November 15, 2021, and unanimously decided to no longer delay…
12.3.21
Small Businesses: There Still May Be Time To Cut Your 2021 Taxes
Don’t let the holiday rush keep you from considering some important steps to reduce your 2021 tax liability. You still have time to execute a…
12.3.21
Infrastructure Law Sunsets Employee Retention Credit Early
The Employee Retention Credit (ERC) was a valuable tax credit that helped employers survive the COVID-19 pandemic. A new law has retroactively terminated it before…
12.2.21
Is Your Business Eligible for the QBI Deduction?
If you own a business, you may wonder whether you’re eligible to take the qualified business income (QBI) deduction. (It’s sometimes referred to as the…
12.2.21
Appraisals Aren’t Just for Businesses Anymore
Whether you’re in the process of making a retirement or estate plan, or intend to donate property to charity, you’ll need to know the value…
12.2.21
Gig Workers: Here Comes an Estimated Tax Deadline
If you’re a gig worker or otherwise self-employed, and you don’t have taxes withheld from a paycheck, you likely have to make quarterly estimated tax…