Industry News

The IRS has announced the 2023 optional standard mileage rates used to calculate the deductible costs of operating a vehicle for business, charitable, medical or moving purposes.

In the waning hours of the 117th Congress, a large government funding bill was passed that includes many provisions that will help Americans save more for retirement.

Are you a family business owner who needs to work on your succession plan? Be sure to consider whether, and when, you want to give up control of the company.

In many industries, businesses still face difficulty hiring the employees they need. One tried-and-true recruitment strategy is offering equity-based compensation in the form of stock options.

You know your small business is getting somewhere when it’s ready to offer employees a retirement plan. Congratulations … and choose carefully.

Are you thinking about launching a start-up? Or do you just want to get back to the basics of good budgeting? Here’s a look at the foundation of a solid budget.

In 2023, your company will need a comprehensive, nuanced marketing strategy to address the economic challenges facing businesses and customers alike. Here are a couple key points to tackle.

Is your organization an applicable large employer under the ACA? Or will it become one next year? The IRS recently revised regulations related to whether an ACA penalty could apply.

Employers: Are you missing a crucial piece of the puzzle when it comes to cybersecurity? HR data is often widely shared and highly vulnerable.

Employers: Are you still managing a pension? The federal government recently increased its guarantee limit for single-employer plans that fail in 2023.

Have your accounting procedures and systems kept up with the times? Here are five tips to consider.

Not-for-profit entities may not focus on earnings per share, but that doesn’t mean they can afford to neglect their accounting function. Here are some tips to help nonprofits run a well-oiled accounting department.

A physical inventory count gives a snapshot of how much inventory your company has on hand at year end. Are you ready to start counting?

If you own foreign assets, accounting for them in your estate plan is critical.

Most employers understandably want to avoid hiring dishonest workers. The best way to do this is to verify resumé claims and possibly perform formal background checks. Here’s how.

How can you stop billing fraud and other invoice scams from robbing your business of potentially hundreds of thousands of dollars? We suggest four tips for foiling invoice fraud perpetrators.

Intrigued by non-fungible tokens (NFTs), but not sure how they work? Before you attempt an NFT transaction, review the fraud risks. In particular, watch out for these common schemes.

You may spend decades building up your traditional IRA but there comes a time when you must start taking withdrawals. Here are answers to frequently asked questions about required minimum distributions.

Accounting standard ASU 2016-13 takes effect for fiscal years starting Dec. 15, 2022. Is your nonprofit ready? Find out whether the new standard might apply to your organization and how to prepare.

For many of your nonprofit’s staffers, high inflation equals high anxiety. In this time of economic uncertainty, prioritize candid communications so employees’ worries won’t affect their work.