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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Do You Want to Sell Your Small Business?

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Why do people wish to sell their business? Some reasons include retirement, boredom, partnership dispute, illness, or death. Whatever the reason may be behind desiring to sell a business, the parties involved should follow certain steps in order to properly sell their business. If followed correctly, the business sale will be a smoother process. Performing…

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Utility Bulls

Utility Companies

In May, we briefly covered interest rates and their relationship with utility stocks, especially during an economic downturn. Utility stocks are desirable during these downturns because of low interest rates. Lower rates allow utility companies to invest because of the decreased cost of capital. Investing in infrastructure equals growth for these companies which in turn…

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The Increasing Role of the Expert Witness

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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

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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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What is Value-Added Tax (VAT)? Should the U.S. Implement a VAT?

VAT

Whether you are a Republican or a Democrat, one of the biggest concerns in today’s U.S. economy is our $19.4 trillion deficit. Both parties have a variety of ideas and theories regarding a solution to reduce the United States deficit. One of the most common theories, however, is the consideration of a Value-Added Tax (VAT).…

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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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Get Interested

Interest Rates

This article was written to help understand what the changing interest rates mean. The Federal Reserve Board has the power to change interest rates and uses this power to affect consumer spending.  When interest rates are low, borrowers are more likely to take out a loan to make big purchases.  Borrowers get to keep more…

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