Industry News

An old rule of thumb says that about 20% of salespeople will make 80% of sales; in other words, everyone’s not going to be a superstar. To do so, focus on these three key traits of every successful salesperson.

If you aren’t already using a payroll service, consider hiring one. This can relieve you of the burden of withholding and paying the proper amounts, as well as handling the record keeping. Click here to learn more.

Did you know that the Financial Accounting Standards Board (FASB) recently extended the simplified private-company accounting alternatives to not-for-profit organizations? Click here to learn more.

What if there was a type of trust that allowed you to support your favorite charity while potentially boosting cash flow, shrinking the size of your taxable estate, and reducing or deferring income taxes? Well... there is! Click here to learn more.

Criminals can contact victims through regular mail, telephone calls and email messages. Here are just two of the scams the tax agency has seen in recent months.

Robust internal audits help management correct operational issues quickly, which prevents money from being wasted and risks from spiraling out of control. If implemented correctly, paperless and continuous auditing can improve your company’s internal audit and oversight abilities while also reducing its costs. Click here to learn more!

Traditional and Roth IRAs can be powerful estate planning tools. With a “self-directed” IRA, you may be able to amp up the benefits of these tools by enabling them to hold nontraditional investments that offer potentially greater returns. Click here for more details.

You’d be hard pressed to find a business today that doesn’t have laptop computers listed among its assets. However, did you know laptop batteries hold a clear and present danger to companies? To learn more, click here.

Many business owners ask: How can I avoid an IRS audit? The good news is that the odds against being audited are in your favor. Click the link to learn more.

When it comes to avoiding typosquatting, awareness is probably the best defense. Your company should regularly check various mistyped versions of its URLs and consider purchasing as many similar domain names as possible. Click the link to learn more.

We can help you evaluate subjective inputs and methods, as well as recommend additional controls over the process to ensure that you’re meeting your financial reporting responsibilities. Click here to learn more.

Pension plans aren’t as popular as they used to be, but one type of hybrid pension that remains relatively popular is the cash balance plan. Click here to learn more.

Internal Revenue Code Section 6166 is providing some relief for estates of family business owners. You may defer estate taxes and pay them in installments if certain requirements are met. Click here to learn more.

Autumn brings falling leaves and … the gridiron. For business owners, sports can highlight important lessons about profitability. Click here to learn more.

You may have Series EE savings bonds that were bought many years ago. You may wonder how the interest you earn on EE bonds is taxed. If they reach final maturity, you may need to take action to ensure there’s no loss of interest or unanticipated tax consequences.

Extending credit to business customers can be an effective way to build goodwill and nurture long-term buyers. However, if you extend customer credit, it also brings sizable financial risk to your business. Click here to learn more.

Many not-for-profit organizations use fundraising methods that cross state boundaries. If your nonprofit is one of them, it may need to register in multiple jurisdictions. Click here to learn more.

A primary estate planning goal for most people is to hold on to as much of their wealth as possible to pass on to their children and other loved ones. The hybrid DAPT can add flexibility while offering maximum asset protection. To learn more, click here.

Borrowing isn’t just for businesses. Many not-for-profits borrow money for major capital purchases, new program funding and even to manage current cash flow. It’s important to understand that there are likely to be obstacles ahead. Click here to learn more.

It’s not too early for business owners to start strategic planning for next year. Here are some ways to get started.

Has your organization received any public or private grants to fund its growth? Here’s what grant recipients should know to help facilitate matters and ensure compliance at all levels.