Find What Your Looking For

Category: Articles

Deciphering Background Checks 401(K) Missing Participants Mentorship Program Remote Work Policies Cafeteria Plan Employer Emergency Savings Accounts Retaining a Motivated Team Long-Term Care Insurance Payroll Best Practices Skills-Based Hiring Train Supervisors To Use Constructive Feedback Exemptions On Form W-4 DOL Final Rule On Independent Contractors Benefits of a Payroll Process Review Leadership Development Program Final Rule On Electronic Recordkeeping Orientation Employee Fraud Electronic Filing Qualified Retirement Plans COLAs Compensation Philosophy 2024 Health Coverage Year-End Payroll Educating Employees About Retirement Hiring Process Training Programs FUTA Neurodiversity Qualified Retirement Plan Audit HSA at-will employment Club Memberships custodial account esop Employers Payroll HRA ADA 401(k) Employee Value Proposition Agricultural tax breaks W-2 Filing Employment Tax When Hiring Loved Ones returnship programs

Addressing Neurodiversity In Hiring & Employment

While many employers are working to implement and improve diversity, equity, and inclusion (DEI) programs, they tend to focus on factors such as race, ethnicity, and gender identity. These are

Payroll Process Review ACH Security Education Compliance BSA/AML compliance Payroll Challenges Fraud Liquidity Management

Tackle These Five Payroll Challenges for Financial Institutions

By: Andy Clemens Effective payroll management is crucial for any organization, especially in the financial sector where precise and timely payment of employees is paramount. See below for five common

Inventory Management WIP Non-GAAP Metrics Reduce Billing Bottlenecks Auditor Independence Accounting Methods Year-End Financials Auditing Revenue Recognition Inventory Management System Access To Capital M&A Due Diligence What Is Materiality Job-Costing Systems Technology Bank Reconciliation Cybersecurity New Segment Expense Disclosure Rules QuickBooks To Prepare 2024 Budgets Safeguard Organization Assets Offsetting Rules Inventory Count negotiation M&A Accounting Monthly Financial Close Shareholder advance Payroll challenges Prepare for audit QuickBooks income tax Crypto Accounting Percentage-Of-Completion Financial Statement PCAOB Overhead Mileage in QuickBooks UTPs Cross-Train Employee Benefit Plan Audits Accounts Receivable

Are Shareholder Advances Classified As Debt Or Equity?

Occasionally, owners of closely held businesses may have to advance their company’s money to bridge a temporary slump or provide funds for an expansion or major purchase. In instances such

Estate Planning Terms Living Will Trust Protector LTC Expenses Incentive Trusts Gift Tax Return Family Business Succession Planning Special Needs Trust Elderly Parents In Your Estate Plan Beneficiary Designations Turn Down An Inheritance Power Of Attorney Inter Vivos Securities Laws DAPT College-Age Children Do Need An Estate Plan Estate Planning Documents Annual Gift Tax Exclusion CRT Name A Guardian Power To Remove A Trustee Living Trust Owning Assets Silent & Incentive Trusts Payable-On-Death Accounts Reduce your estate tax Executor Art Collection QTIP Trust portability Life insurance Portability Probate Original Will Estate Planning Estate Plan Estate Planning Estate Planning Asset Protection Strategies

Careful Estate Planning Coordination Is Required For Payable-On-Death Accounts

If you need a quick, simple, and inexpensive way to transfer assets outside of probate, payable-on-death (POD) accounts could be a possible solution. And they can be used for bank

Board Committees Sudden Wave Of Support Non-Profit Restructuring Inflation Reduction Mission changes Reimbursement Policy Protecting Your Non-Profit Against Financial Threats Non-Profit Retirment Plan Look Internally To Fill Non-Profit Guide To Planned Giving Financial Statement Auditing Process Flexible Budget Rules Of Form W-9 Potential Obstacles Of Going Global Advertising Payments To Non-Profits Searching For New Staffers Operate Your Non-Profit 501(c)(6) Board Meeting Minutes Planned Gifts Diversity For-Profit Subsidiary IRS Compliance Merging Non-Profits Return a donation Internal Controls Term Limits Pay transparency Accountable Plan Fundraising Disaster Plan Audit Conflict-Of-Interest HR Function Volunteer Risk non-profit tax reporting Cryptocurrency Donations Culture

Potential Successes & Pitfalls When Merging Non-Profits

Mergers are typically associated with the corporate world when companies combine to expand sales territory, gain competitive advantages, and boost profits. However, merging non-profits can provide similar advantages, including greater

Payroll Risks Generative AI For Businesses Financial Statements Sec. 179 Tax Deduction Health Care Plan Assessing Customer Credit QBI Deduction Cash Withdrawal Small business retirement Spouse travel expenses Accounting Software Strategic Planning Process Insurance Schemes Enterprise Risk Management Program Account-Based Marketing Wrong Software For Your Organization Operational Review Internal Benchmarking Reports Sales approach Capturing Data Older Workers Pooled Employer Plans Financial Statement Options BOI Reporting Rules Privileged Users Medicare Premiums DOL Business valuation Trust Fund Recovery Penalty Value-Based Sales Fringe Benefits Green Lease Strategic Planning Financial Reporting Marketing Strategy Succession planning health care benefits Cyberinsurance PTO Buying Media Screening Pipeline Management Billing Best Practices Solo 401(k)

Business Owners & Executives: An Important Refresher On The Trust Fund Recovery Penalty

You might automatically assume that the “trust fund recovery penalty” is related only to estate planning. However, it’s very important for business owners and executives to know better. In fact,

Submitting Your Tax Return Valid Business Expenses In IRS Audits File For An Extension Tax Deadlines Retirement Account Required Minimum Distributions Vacation Property Rentals Affecting Your Taxes Social Security Benefit Taxation Tax Implications of Unemployment Unused 529 College Funds IRA Contribution Gift Tax Return Difference Between Filing Jointly Or Separately Substantiation For Your 2023 Charitable Donations IRA Questions Filing 2023 Tax Year Returns Kiddie Tax Rules Medical Expense Tax Deduction Tax Obligations Of Moving To Another State How Are Court Awards & Out-Of-Court Settlements Taxed Nanny Tax Reduce Your 2023 Tax Bill FSA 2024 Inflation-Adjusted Federal Tax Amounts 10% Penalty Tax Restricted Stock 401(K) Plan SECURE 2.0 Scholarships Considered Taxable Income Casualty Loss Tax Deductions Tax Implications HSA Investment Gift Tax Selling your home Employer-Provided Life Insurance ABLE account Student Loan Interest Tax Breaks Catch-Up Contributions Tax Text Or Email From The IRS

Do You Rent Out A Vacation Home? Here Are The Tax Rules.

Many in the U.S. either own a vacation home or aspire to someday. If you do own a second home and it’s in a desirable location on a waterfront, in

Quantifying Fraud Loss Charity Scams Employee Fraud Fraud Loss In Multiple Locations Early Revenue Recognition Liquidity Overload Keep Fraud Out Of Your Restaurant Guarding Against Fraud with Gen AI Lifestyle Analysis To Investigate Fraud Fraud prevention FinCEN Beneficial Owner Scam Vendor Fraud Residual Risk Antifraud Tax-Avoidance Scams Remote work Social Engineering in ACH/Wire Transfers Fraud risk Money Laundering Fraud FTC Accounts Receivable Phoenix Companies

Job-Juggling Remote Workers Can Pose Risks To Your Company

Some businesses are now once again requiring employees to work in-office full-time, and many others continue allowing employees to work remotely one or more days per week. Remote positions remain

Bartering Without Cash Transactions Spouse Travel Expenses Tax Efficiency Starting A Business As A Sole Proprietor Employee Retention Tax Credit Emergency Savings Accounts QSBC Advantage Green Tax Reform Employees Receive Tips Selling Commercial Or Investment Real Estate Standard Business Mileage Rate EV Reporting Requirements Section 174 Tax Calendar Tax Breaks Company Vehicle Benefits Tax Strategies for Financial Success 2023 Tax Bill 2024 Inflation-Adjusted Tax Parameters For Small Businesses Cost Segregation Study Business Entity Per Diem Business Travel Rates Social Security Wage Base Tax Depreciation Rules Work Business Expense Deductions Deadline TAx Tax issues Depreciating Business Assets Loan Guarantees LLC Tax-Saving S corporation Handling Expenses On Your Tax Return

How Do IRS Auditors Learn About Your Business Industry?

Have you ever wondered how IRS examiners acquire knowledge about different industries to then conduct audits on various types of businesses? Typically, examiners will conduct extensive research into specific industries

Employers: What You Should Know About Qualified Retirement Plan Audits

As an employer, you understand the challenges that come with sponsoring a qualified retirement plan. You must keep track of the ever-changing rules from federal agencies like the U.S. Department