A New Growth in the Forensic Accounting Industry

Business Growth

The accounting industry as a whole must continually evolve and progress in order to keep up with the changing demands and needs of the individuals and businesses in which they serve. Relatively speaking, forensic accounting is a fairly new profession. As society, the economy, technology, and relevant legislation shifts, forensic accounting must mold to address…

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Factors in Choosing an Accounting Firm for Your Business

Business Meeting

Choosing the right accounting firm can make or break an organization. For small businesses, using accounting software like QuickBooks or Quicken may seem like the logical solution. However, as public and private companies expand, the need for the right accountant or accounting firm becomes indispensable. While every company’s needs are different, far too many organizations…

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Fraud Prevention and Your Business

Business Presentation

Fraud is defined as “any intentional act or omission designed to deceive others, resulting in the victim suffering a loss and/or the perpetrator achieving a gain”, based on a report from the Association of Certified Fraud Examiners (ACFE) entitled Managing the Business Risk of Fraud: A Practical Guide. Every organization, regardless of size, is subject…

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2017 Tax Filing Season Due Dates

IRS 1040 Tax Form Being Filled Out

There are several important tax return due date changes to note for 2016 tax returns prepared during the 2017 filing season.  These changes were part of the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 and the Protecting Americans From Tax Hikes Act.  Effective January 1, 2017, applicable to 2016 tax returns…

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Getting Ready for Tax Season

Income Tax

As the clock strikes midnight, Americans celebrate and scream “Happy New Year!”, but many of those same people wake up the next morning with the realization that January 1st means tax season is rapidly approaching. Tax filing season officially starts on January 23rd, and while there is ample time before the April 18th deadline, early…

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The Increasing Role of the Expert Witness

gavel

Testifying in a court case as an expert witness is often critical to the outcome of a lawsuit. Forensic accountants are typically called upon to utilize their accounting, investigative, economic, statistical, and research techniques and then apply them to a legal problem. Digging into a case to analyze, audit, and investigate helps to assess the…

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The Value of Advisory Services for Business Growth

brainstorming-2503124_960_720

Any business owner understands the daily challenges of operating and growing a business. Expertise in business plan development and management can be found in a variety of ways, however, ascertaining the most effective advisory services for your business can be difficult. From trend analyzation to financial forecasting and from cash management to succession planning, having…

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“Will My Lifestyle be the Same Once I Get Divorced?”

Divorce

Divorce is complicated. At the very heart of a divorce, it becomes a financial game for the spouses involved of “how will I be supported once the divorce is finalized?” Other questions such as “will my standard of living be the same as before?” constantly may run through the parties’ minds. It’s never an easy…

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Work Opportunity Tax Credit

Work Opportunity Tax Credit

What is The Work Opportunity Tax Credit (WOTC) and how can this benefit you as an employer?  The WOTC is a Federal tax credit available to employers that hire and retain individuals from certain target groups that face difficulty finding employment.  The WOTC is one of several workforce programs that incentivize workplace diversity while providing…

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