Organizations lose millions annually to vendor fraud—a complex issue involving collusion among suppliers and employees. Small businesses without robust antifraud tools are especially at risk. Learn what vendor fraud entails
Earlier this year, the IRS released Revenue Procedure 2023-29, in which it announced an important indexing adjustment to the Affordable Care Act (ACA). With the year end here and a
Does your organization regularly find itself replenishing tools and small equipment? Items like power tools, hard hats, iPads, and RFID readers, conveniently portable in a backpack or vehicle armrest, often
For those considering a strategy to combine philanthropy with lifetime income, the Charitable Remainder Trust (CRT) emerges as an option. Within the framework of CRTs, individuals can benefit from a
By: Patti Callaway As we approach the end of the year, organizations are gearing up for the inevitable – year-end payroll. This crucial aspect of operations demands meticulous attention for
For two years in a row, the IRS has deferred the enforcement of a proposed regulation that could have resulted in approximately 44 million taxpayers receiving tax documents from payment
If you have a tax-saving flexible spending account (FSA) with your employer to help pay for health or dependent care costs, an important deadline is approaching. You may have to
Between holiday parties and buying presents, don’t forget to think about ways to reduce your business’ 2023 tax liability. Although the clock is ticking, you still have time to take
All well-established businesses are bound to confront difficulties when addressing the complex matter of succession planning. Family-owned businesses, in particular, face uniquely complex issues. This is because their proprietors must
Non-profit organizations, including trade associations and chambers of commerce, typically meet the criteria for tax exemption under Section 501(c)(6) of the Internal Revenue Code rather than Section 501(c)(3). These entities,
