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?
The latest ACFE “Report to the Nations” is out and full of up-to-date occupational fraud stats. We summarize the report, including which schemes are most common and which controls provide the best deterrence.
Without an advance health care directive, your estate plan is incomplete.
Every employer that’s ever hired anyone has had to deal with Form I-9. Recently, a federal agency proposed several notable changes to this critical piece of documentation.
Many businesses start out needing outside investors or reach a point where external funding is necessary. If you can relate, here are some tips on creating a dazzling “pitch deck.”
Financial distress rarely happens overnight. There are usually red flags indicating that trouble is brewing, but it might take some effort to spot them.
If you’re looking for a new partner to add to your partnership, you may think the hard part is over once you find the right person. But there may be tax challenges ahead.
