Workers’ compensation insurance can provide medical care and financial assistance to employees who are injured or incapacitated at work. However, this imp...
What You Can Do About Workers’ Comp Fraud
What Contractors Should Know About the IRA’s PWA Requirements
Sep 03, 2024In June 2024, the IRS released final regulations addressing the prevailing wage and apprenticeship (PWA) requirements for increased clean energy tax deduction o...
Roth 401(k) Plans Have New Appeal for Employers
Aug 29, 2024The traditional 401(k) plan is the most popular qualified retirement plan in the United States. As of March 31, 2024, Americans held $7.8 trillion dollars in 40...
How To Choose the Best Inventory Accounting Method for Your Manufacturing Company
Aug 26, 2024Your choice of accounting method for determining the value of your manufacturing company’s inventory can significantly impact your overall tax bill. Here ...
Avoiding the Mistakes Manufacturing Growth Can Hide
Aug 21, 2024Running a successful manufacturing business requires so many things to go right, from navigating hiring shortages and global supply chain logistics to market fo...
Business Owners: Failure to Substantiate Donations Can Be Costly
Aug 19, 2024Charitable donations can provide businesses with significant tax savings. But for gifts over a certain amount, they must obtain a contemporaneous written acknow...
Don’t Overlook the Extra Medicare Payroll Tax
Aug 15, 2024Federal payroll taxes are a necessary evil for both employers and employees. Under the Federal Insurance Contributions Act (FICA), employees must pay Social Sec...
Cash Flow Management for Construction Businesses
Aug 07, 2024Construction companies have always faced challenges when it comes to cash flow. The difficulty largely springs from the often-lengthy gaps between winning proje...
How to Protect Your Business from Payroll Fraud Schemes
Aug 06, 2024Payroll fraud is a threat to any business that pays employees or contractors. Unfortunately, this type of financial crime can go undetected for months — even ...
Forecasting Your Nonprofit’s Financial Future
Aug 05, 2024Have you seen the forecast? No, not the weather forecast — but your not-for-profit’s financial forecast. Financial forecasting is critical to any organi...