News & Insights
Watch Out for IRD “Income in Respect of a Decedent” Issues When Receiving an Inheritance
April 29th, 2024
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Estate Planning |
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Most people are genuinely appreciative of inheritances, and who wouldn’t enjoy some unexpected money? But in some cases, it may turn out to be too good to be true. While […]
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IRS Extends Relief for Inherited IRAs
April 25th, 2024
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Tax |
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Employee Benefit Plans |
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For the third consecutive year, the IRS has published guidance that offers some relief to taxpayers covered by the “10-year rule” for required minimum distributions (RMDs) from inherited IRAs or […]
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Building Resilience: Mitigating Vendor Risk Management
April 25th, 2024
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Consulting |
Risk Management |
Affordable Housing |
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Construction |
Education |
Employee Benefit Plans |
Government |
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Manufacturing |
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By: Gary Loew, CFE A midsize construction company was gearing up to begin work on a prestigious new office complex that promised significant growth and exposure for its business. Just […]
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Scrupulous Records and Legitimate Business Expenses are the Key to Less Painful IRS Audits
April 15th, 2024
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Audit & Assurance |
Tax |
Affordable Housing |
Cannabis |
Construction |
Manufacturing |
Nonprofit |
Small & Midsize Businesses |
Telecommunications
If you operate a business, or you’re starting a new one, you know records of income and expenses need to be kept. Specifically, you should carefully record expenses to claim […]
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Business Owners, Your Financial Statements are Trying to Tell You Something
April 11th, 2024
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Accounting & Outsourced Solutions |
Audit & Assurance |
Financial Statement & Audit Preparation |
Affordable Housing |
Cannabis |
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Employee Benefit Plans |
Healthcare |
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Manufacturing |
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Small & Midsize Businesses |
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Business owners are commonly and rightfully urged to regularly generate financial statements in compliance with Generally Accepted Accounting Principles (GAAP). One reason why is external users of financial statements, such […]