3.19.24
SECURE 2.0 Roth Catch-Up Contribution Rule
The Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act, enacted in December 2022, brought wide-ranging changes to retirement plans. One of the significant…
3.18.24
Bartering Is a Taxable Transaction Even if No Cash Is Exchanged
If your small business is strapped for cash (or likes to save money), you may find it beneficial to barter or trade for goods and…
3.15.24
The Child Tax Credit Is Still Available
Parents know that raising children is expensive. Although some of the enhancements of the Child Tax Credit (CTC) have expired, this valuable credit is still…
3.15.24
Have You Recently Reviewed Your Life Insurance Needs?
At one time, life insurance played a much larger part in an estate plan than it does now. Why? Families would often use life insurance…
3.15.24
Work Opportunity Tax Credit Provides Help to Employers
If you’re a business owner or manager who is seeking to hire, you should be aware of the details of a valuable tax credit for…
3.15.24
Retirement Saving Options for Your Small Business: Keep It Simple
If you’re looking for a retirement plan for yourself and your employees, but you’re worried about the financial commitment and administrative burdens involved, there are…
3.15.24
Independent Contractor vs. Employee Status: The DOL Issues New Final Rule
The U.S. Department of Labor’s (DOL’s) test for determining whether a worker should be classified as an independent contractor or an employee for purposes of…
3.14.24
Are Vendors Cheating Your Company
Every year, U.S. companies lose millions of dollars to vendor fraud. These schemes can be complex and usually involve collusion of multiple suppliers or suppliers…
3.14.24
Need to Know: What To Tell Employees About Your Antifraud Efforts
Surveillance is common in many workplaces, yet companies monitoring employee activities may keep the practice under wraps. This may be a mistake because when workers…
3.13.24
Generative AI Can Help Prevent, Detect and Investigate Fraud
You may already be familiar with artificial intelligence (AI) and even use it in business applications. What about generative AI (Gen AI)? Gen AI is…