According to various sources, around 10% of all insurance claims involve fraud. Insurance companies generally pass along the cost of these fraud losses to … [Read more...]
Business owners: Now’s the time to revisit buy-sell agreements
If you own an interest in a closely held business, a buy-sell agreement should be a critical component of your estate and succession plans. These agreements … [Read more...]
How the new SECURE 2.0 law may affect your business
If your small business has a retirement plan, and even if it doesn’t, you may see changes and benefits from a new law. The Setting Every Community Up for … [Read more...]
2023 tax calendar
To help you make sure you don’t miss any important 2023 deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are … [Read more...]
GASB Statement No. 96 – SBITA
What are Subscription-based IT Arrangements? Subscription-based information technology arrangements (SBITA) is a contract that conveys control of the right to … [Read more...]
Common Conflicts of Interest and How to Prevent Them
What is a Conflict of Interest? A Conflict of Interest occurs when a public officer who is authorized to take part in any manner making any sale, lease, or … [Read more...]
Segregation of Duties for Government Entities
Segregation of duties is a type of preventive internal control that ensures an individual does not perform multiple duties in which committing and concealing … [Read more...]
SECURE 2.0 Act
On December 23, 2022, Congress passed the Consolidated Appropriations Act of 2023. The sprawling year-end spending “omnibus” package includes two important new … [Read more...]
It’s Tax Time! Tips to Get Organized
The beginning of a new year brings the need to recap the previous one for Uncle Sam. Here are some tips and a checklist to help get you organized. Look for … [Read more...]
2023 Q1 tax calendar: Key deadlines for businesses and other employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023. Keep in mind that this list isn’t … [Read more...]