Not every CPA is qualified to audit employee benefit plans. Here’s how to pick the right auditor for your plan.

What’s the average cost of a data breach? As average losses continue to rise, it’s important for companies to understand the scope of auditors’ responsibilities related to cybersecurity.

Business owners: If your payroll system is running smoothly, that’s great. But you still need to keep an eye out for these seven common risks.

Now is the time to get up to speed on 2024 SECURE 2.0 changes. Here are several to consider. Contact us for additional details.

What factors should your nonprofit consider when outsourcing HR work? We look at benefits and drawbacks of outsourcing, as well as what you need to do to make it successful.

The IRS has announced several tax-compliance initiatives that focus on businesses. Here’s a look at three of them.

For-profit companies pursue … profits. But how, besides the obvious, are nonprofits financially different from their business brethren? Your new staffers and board members may need a quick tutorial.

Higher-income folks may be subject to a couple extra taxes, in addition to federal income tax. Here’s an explanation of the 3.8% net investment income tax and a 0.9% additional Medicare tax.

The Social Security tax paid by many individuals will continue to go up in future years. Here’s a look at how the tax affects employees, self-employed individuals and employers.

It’s all too easy to let not-for-profit programs that have outlived their effectiveness to continue, even as they consume budget resources. To help ensure your resources are being deployed efficiently and effectively, consider using the tradition of spring cleaning to review and, potentially, replace older programs. Go to the sources Instead of relying on old…

Auditing standards require a year-end risk assessment. One potential source of risk may be a small business’s reliance on the owner and other critical members of its management team. If a so-called “key person” unexpectedly becomes incapacitated or dies, it could disrupt day-to-day operations, alarm customers, lenders and suppliers, and drain working capital reserves. Common…

With the competition for donation dollars fierce right now, many not-for-profits are turning to influencers — from Hollywood celebrities to politicians to blog stars — to raise awareness of their organizations and causes. But before your nonprofit solicits influencer support, there are a few things you should know. On the plus side If influencer marketing…