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Don’t let fraud tear your family business apart
To prevent, find and pursue prosecution of occupational fraud, family businesses need to be just as vigilant as nonfamily businesses while overcoming some unique obstacles.
Could a long-term deal ease your succession planning woes?
No one ever said succession planning would be easy. If you’re starting to think about retirement and are struggling with your succession plan, consider the benefits of a long-term deal to gradually transition ownership to an outside buyer.
Factor In State And Local Taxes When Deciding Where To Live In Retirement
Trying to decide where to retire? To avoid unpleasant tax surprises, it’s critical to consider state and local income, property, sales and estate taxes.
Does your nonprofit properly report donations?
Do Forms 8282 and 8283 sound familiar? If not, your nonprofit may be neglecting to file required forms about donations or to obtain required forms from donors. Learn more so that your organization can avoid penalties.
It’s time for a midyear checkup!
How often does your company issue financial reports? Monitoring performance periodically before year end can pay off. But there are potential shortcomings to watch out for in your interim reports.
Procurement Procedures: Is Your Nonprofit Really In Compliance?
Failure to comply with revised procurement standards could result in your nonprofit’s loss of federal funding. We summarize the rules and provide tips for clearing various purchasing hurdles.
Your original will: Does your family know where to locate it?
A will is a cornerstone of an estate plan. If your family doesn’t know where you keep the original document, a court might administer your estate as if you’d died without a will, producing undesirable results.
Effectively communicating with the audit committee
Presenting to audit committees is second nature for external auditors. But sometimes committee members need insight from management. Learn ways to more effectively communicate your messages.
How Some Spouses Attempt To Hide Income and Assets During Divorce
When divorcing spouses fail to disclose assets, it might be explained by a simple lack of knowledge. But when nondisclosure is intentional, that’s fraud. In either situation, experts can uncover the hidden assets.
Say, just how competitive is your business anyway?
Running a profitable company is no game; but you’ve still got to play to win. That’s why it’s important to regularly evaluate the competitiveness of your business.
Profits: How low can you go?
If your profits are down, don’t panic. Your financial statements can help you detect clues to solve the mystery of your disappearing profits.
Can You Deduct Business Travel When It’s Combined With A Vacation?
If you go on a business trip within the United States and tack on some vacation days, you might be able to deduct some of your expenses. Here’s what you need to know.

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