Employers: If you’ve made or intend to make changes to your health care plan, be sure to abide by HIPAA’s rules for updating your Notice of Privacy Practices.
Many employers have a “secret power” that they might be overlooking: their managers. Leaning into a collaborative management model can help.
Online marketplaces can help your company avoid supply chain disruptions, but they can also harbor fraud. We offer six tips to help businesses avoid criminals posing as legitimate sellers.
Coin collecting, photography, painting, writing, horse breeding and crafts are just some of the hobbies that taxpayers turn into businesses. Can they deduct the losses they incur on their tax returns?
Due to pandemic relief legislation, the tax treatment of charitable donations has changed (and changed back) in the past couple of years. Do your donors know the current rules? You can help inform them.
The tax treatment of the sale of business assets can be complex. Here’s an overview.
Financial statements are prepared for financial reporting purposes. When they’re used to value a business, various adjustments may be needed to provide clarity. Here’s guidance on which adjustments valuators consider when.
Many popular retirement plans, such as 401(k)s and 403(b)s, must comply with ERISA. A recent court case addressed whether and how an arbitration provision might hold up in such plans.
Your business might face some tough questions about fringe benefits because of the pandemic. Case in point: the IRS recently addressed whether unused compensation reductions for parking could be transferred to a health FSA.
Take your audited financials to the next level by implementing the improvements contained in the management letter.
Planning an in-person fundraiser for the first time since the start of the pandemic? Be more careful than usual, especially given current inflation rates and nonprofit staff shortages. Here are some additional tips.
It’s home selling (and buying) season. What are the tax consequences if you buy another home but decide to keep your current home and rent it out?
