Make Budgeting Part of Your New Year’s Resolution
It is important to resist the temptation to rely on gut instinct or take shortcuts when budgeting for 2018. Creating a solid budget...
22 December, 2017
The accounting industry is always evolving amid complex rules and regulations. These articles feature timely updates on a variety of accounting topics.
Source: LIMRA
Individual standalone long-term care insurance sales declined nearly 60 percent from 2012 to 2016. Premiums fell from $550 million to $228 million. During that...
21 December, 2017
Seven Steps to Choosing a Successor for Your Family Business
There is an old saying regarding family-owned businesses, “Shirtsleeves to shirtsleeves in three generations.” It means the first-generation owner started in shirtsleeves and...
20 December, 2017
Member Retention Tips for Non-Profits
For-profit businesses understand it takes a lot more time and money to attract new customers than it does to keep current customers happy....
20 December, 2017
401(K) Retirement Plan Contribution Limit Increases for 2018; Most Other Limits are Stagnant
Retirement plan contribution limits are indexed for inflation, but with inflation remaining low, most of the limits remain unchanged for 2018. One piece...
19 December, 2017
Tools for Uncovering Financial Statement Fraud
Financial statement fraud is committed by intentionally misrepresenting an organization’s financial condition. A perpetrator might do this by omitting or misstating amounts or...
18 December, 2017
Watch Out for The ACA Employer Mandate When Hiring Seasonal Workers
Many employers hire seasonal workers this time of year. If your organization is one of them, you might worry about becoming subject to...
15 December, 2017
How to Conduct a Year-End Risk Assessment
Auditors assess their clients’ risk factors when planning for next year’s financial statement audit. Likewise, proactive managers assess risks at year end. A...
15 December, 2017
Win with a Roth IRA Reversal
Individual retirement accountants (IRA) mainly come in two broad categories: traditional and Roth. Traditional IRAs may be funded with pre-tax or after-tax dollars and...
14 December, 2017
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