8.16.21
Ten Internal Controls to Reduce the Potential for Payroll Fraud
Your payroll clerk must be one of your most trusted employees. After all, they are the one with the most responsibility for all of your…
8.16.21
Protect Your Company From Cyberattacks by Adopting Zero Trust
Some organizations struggle to prevent cyberattacks because they rely on cybersecurity tools and techniques that protect only their perimeter. Perpetrators who make it past a…
8.16.21
How Fraud Perpetrators Target Military Personnel and Veterans
According to the Federal Trade Commission, veterans lost approximately $60 million to fraud in 2020. Active-duty military personnel and their spouses and dependents also suffered…
8.10.21
IRS Issues ERC Guidance as Congress Mulls Early Termination
The IRS has published new guidance on the Employee Retention Credit (ERC). The credit was created in March 2020 to encourage employers to keep their…
8.3.21
SBA Streamlines Forgiveness for Smaller PPP Loans
The Small Business Administration (SBA) has released new guidance intended to expedite the forgiveness process for certain borrowers under the Paycheck Protection Program (PPP). The…
8.2.21
Is an LLC the Right Choice for Your Small Business?
Perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to protect your assets. Or maybe…
7.29.21
The Deductibility of Corporate Expenses Covered by Officers or Shareholders
Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These costs may wind up being…
7.28.21
Audit, Review or Compilation: How Are They Different?
In the accounting world, the terminology used to define the level of assurance your manufacturing company has been provided from a CPA firm as it…
7.28.21
Independent Contractor vs. Employee – Beware: Worker Classification Is an IRS Hot Button
A business can realize important advantages by treating a worker as an independent contractor (IC) rather than an employee. But simply labeling someone an IC…
7.28.21
How to Leverage Digital Transformation in Manufacturing
If there’s one thing that’s always been true of manufacturing, it’s that it marches hand-in-hand with evolving technology. As digital transformation marches forward, you want…