If you’re a volunteer who works for charity, you may be entitled to some tax breaks if you itemize deductions on your tax return. Unfortunately, they may not amount to as much as you think your generosity is worth. Click here to learn more.
Companies may work hard to prevent outsiders from infiltrating their organizations, yet the greater danger is generally internal. Here’s how to identify your business’s corporate espionage vulnerabilities and prevent employees from taking advantage of them.
If you’re considering buying or selling a business — or you’re in the process of a merger or acquisition — it’s important that both parties report the transaction to the IRS in the same way. Otherwise, you may increase your chances of being audited. Click here to learn more.
Fraud experts have long known that “dark web” sites provide information, support and illicit goods to hackers and other criminals. However, security company Terbium Labs recently published a report analyzing a treasure trove of fraud guides for sale on shady sites. Click here for more details.
The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. These changes have caused many business owners to ask: What’s the optimal entity choice for me? Click here for more details.
Though interim reporting generally isn’t required for private companies, stakeholders in smaller entities can benefit even more than those of public companies from this type of information. But it’s also important to understand the potential shortcomings. Click here to learn more.
Now that most schools are out for the summer, you might be sending your children to day camp. It’s often a significant expense. The good news: You might be eligible for a tax break for the cost. To learn more, click here!
To help minimize stakeholders’ exposure to potential hidden risks, the Financial Accountability & Corporate Transparency (FACT) Coalition wants multinationals to disclose more information about corporate taxes. Click here to learn more.
Can your business become more profitable without venturing out of its comfort zone? Bottom-line potential may lie undiscovered in your existing operations. How can you find these “hidden” profits? Click here to learn more.
Not-for-profit board members — whether compensated or not — have a fiduciary duty to the organization. To protect your nonprofit’s financial health and integrity, it’s important that you help them understand. Click here for more details.
The IRS is on the lookout for 501(c)(6) associations that don’t promote common business interests. If yours doesn’t, it may be time to review and revise your offerings. To learn more about promoting common business interests, click here.
Emerging Tax and Regulations Alert for 5/21- The IRS recently announced the inflation-adjusted maximum value of an employer-provided vehicle under the vehicle cents-per-mile rule and the fleet-average value rule. Click here to learn more.
According to the Association of Certified Fraud Examiners’ Report to the Nations: 2018 Global Study on Occupational Fraud and Abuse, construction companies lose a median loss of $227,000. What can you do to protect your construction business? Adopt this checklist.