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Estate Planning In A Socially Distanced Environment

As many states continue to struggle with the current surge in COVID-19 cases, the ‘new normal’ demands continued social distancing in many areas of life. What does this mean for

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Give Your Staffers a Break With an Accountable Plan

Accountable plans reimburse employees for work-related expenses free of federal income and employment taxes. Reimbursement payments are not subject to withholding from staffers’ paychecks, and your non-profit also benefits because

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Five Questions to Ask About Your Marketing Efforts

For many small to midsize businesses, spending money on marketing calls for a leap of faith that the benefits will outweigh the costs. Much of the planning process tends to

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A Casualty Loss Tax Deduction Can Only Be Claimed in Certain Situations

In recent weeks, some Americans have been victimized by hurricanes, severe storms, flooding, wildfires, and other disasters. No matter where you live, unexpected disasters may cause damage to your home

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How to Conduct a Remote Fraud Investigation

Before the COVID-19 pandemic, most fraud investigations took place in the office or other work facility. This made it easy for investigators to gather and analyze data and interview suspects

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Want to Find Out What IRS Auditors Know About Your Industry?

To prepare for a business audit, an IRS examiner generally does research about the specific industry and issues on the taxpayer’s return. Examiners may use IRS ‘Audit Techniques Guides (ATGs).’

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Financial Reporting Issues to Consider in ‘Going Private’ Transactions

In the midst of mounting inflation, supply shortages, geopolitical turmoil, threats of cyberattacks, and continuing COVID-19 concerns, public stock prices are expected to fluctuate in the coming months. This situation

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COVID-Related Leave-Sharing Programs Remain Viable

In Notice 2021-42, the IRS recently extended earlier guidance on employer leave-sharing programs that aid those most adversely affected by the COVID-19 pandemic. If your organization is currently administering such

A Tenancy-In-Common Interest Can Ease Distribution of Real Estate

If your estate includes significant real estate investments, the manner in which you own these assets can have a dramatic effect on your estate plan. One versatile estate planning option

Your Non-Profit May Have An Internal Controls Gap

The typical defrauded non-profit loses $75,000 per fraud incident, according to the Association of Certified Fraud Examiners. And that does not account for the negative publicity and subsequent lost donations