Is Return Fraud Cutting into Your Store’s Profits?
For brick-and-mortar retailers, return fraud can be a serious financial threat. There are several types of schemes. But when they are successful, they...
11 March, 2019
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KPM is a highly experienced firm of CPAs and advisors that has served clients throughout Southwest Missouri for decades. As you may know, the accounting industry is always evolving amid complex rules and regulations. As a result, our firm publishes timely updates on a variety of accounting topics to help keep you informed.
Automating Your Accounting Department
Many businesses have adopted robotic process automation (RPA) or plan to do so in the future. While most RPA initiatives target ‘core’ business...
08 March, 2019
Older Employees Present A Hiring Opportunity & Challenge
It is in every employer’s best interest to keep an open mind about where the right talent for an open position may lie....
08 March, 2019
Using Knowledge Management to Develop Your Succession Plan
As the old saying goes, “Knowledge is power.” This certainly rings true in business, as those who best understand their industries and markets...
06 March, 2019
Divide & Conquer: How Joint Cost Allocating Works
In recent years, watchdog groups, the media, and others have increased their scrutiny of how much non-profits spend on programs vs. administration and...
06 March, 2019
Vehicle-Expense Deduction Ins & Outs for Individual Taxpayers
It is not just businesses that can deduct vehicle-related expenses. Individuals also can deduct them in certain circumstances. Unfortunately, the Tax Cuts and...
05 March, 2019
Prevent Fraud with The Help of Your Audit Committee
Your board’s audit committee is a first line of defense against fraud. But to be effective, committee members need to do more than...
04 March, 2019
March 15
Partnerships: File a 2018 calendar-year return (IRS Form 1065). Provide each partner with a copy of Schedule K-1 (IRS Form 1065), Partner’s Share...
01 March, 2019
Audits Focus On Cybersecurity
In 2018, U.S. organizations that suffered a data breach lost an average of $7.91 million as a result. That is the highest average...
01 March, 2019
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