If you’re considering buying a company, fraud may be the last thing on your mind. Unfortunately, you can’t afford to ignore the possibility that your acquisition target is hiding something
Roth IRAs are popular retirement accounts that feature tax-free withdrawals when certain conditions are met. But did you know that employers can offer designated Roth contributions as part of the
Arguably the most common reason people put off estate planning is naming a guardian for their minor children. There’s no doubt that this is a difficult decision for parents to
If you have a smaller non-profit and you’re using the cash basis of accounting, it may make sense for your organization — at least at this stage. Many smaller non-profits
The highly popular series “Succession” aired its final episode recently, and if it accomplished anything, it showcased the chaos and uncertainty that can occur if a long-time business owner fails
When navigating adversarial situations — such as divorces, contract breaches, and shareholder disputes — you might consider hiring an outside business valuator to evaluate complex financial matters. To get the
Because of the generous federal estate tax exemption of $12.92 million for 2023 (effectively $25.84 million if you’re married), you may think you don’t need to make any estate planning
The IRS will closely review any deductions you’re claiming for business meals or auto expenses. In some cases, taxpayers have incomplete documentation or try to create records months (or years)
The FASB and the Private Company Council have agreed to give private companies a pass on an upcoming proposal that, if approved, would require expanded footnote disclosures about expenses. The
The “Sandwich Generation” refers to those who are currently taking care of your children and elderly parents. It may be personally gratifying to help your parents, but it also can
