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 single line of defense (such
Auditors of public companies started reporting critical audit matters (CAMs) in their audit opinions in 2019. This represents a major change to the pass-fail auditors’ reports that had been in
In Notice 2021-48, the IRS recently provided guidance on changes made under the American Rescue Plan Act (ARPA) to the funding rules for single-employer defined benefit pension plans. The guidance
If you prefer customizing things to suit your needs versus something ‘pre-packaged,’ you might prefer a “self-directed” individual retirement account (IRA). With this option, you may be able to amp
You may be underusing one of your most valuable tools that you have as a business owner – your accounting software. Much like the operating systems on our smartphones and
Starbucks, Nike, Pepsi, Uber, and scores of other major companies regularly use cause marketing to burnish their image and reach customers. The non-profit organizations that partner with these companies can
If your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships (and fellowships) are generally tax free for students at elementary,
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 workforces intact during the COVID-19
“Vishing” may sound familiar, but unless you are a fraud investigator, you probably have not encountered it. Unfortunately, that could change soon. To foil a scam that increasingly takes advantage
If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS. What are the Requirements? Each person who, in
