An internal audit uses resources within the company to critically evaluate the functionality of the company to produce growth and progress. These audits are often continuous in nature, but they can...
Government funding brings some rather complicated reporting and auditing requirements. This can apply to both for-profit businesses and not-for-profit organizations (NFPs) that receive federal...
Congress passed the original Setting Every Community Up for Retirement Enhancement (SECURE) Act in 2019. The House of Representatives passed a bill that builds on that law’s improvements, the...
When it comes to filing income tax returns in states where a taxpayer has no operations, taxpayers have historically been able to rely on an obscure federal law known as Public Law 86-272 to avoid...
Inflation and increasing interest rates have made many people nervous in a wide range of industries. Ongoing struggles that began with the COVID-19 pandemic, such as supply chain issues, only add to...
A new year is right around the corner, and now is the time for taxpayers to look at their 2022 tax position. Each tax year is different, and there are some key considerations for 2022 taxes.
Inflation has recently soared to the highest levels the United States has seen in about four decades. In June 2022, the U.S. Bureau of Labor Statistics reported that prices had risen 8.6 percent over...
Poor Inventory Management: Just Another Woodstock’99 (Know what I mean?) “By failing to plan, you are preparing to fail” - Benjamin Franklin.
The Inflation Reduction Act (IRA) was signed into law on August 16, 2022. The provisions included in this law address a wide range of financial efforts targeted at reducing the deficit while...
Believe it or not, the new year is just around the corner. With 2023 fast approaching, not-for-profits are starting their budgets for the new year. It is easy to put the budget on the back burner or...