Search Results

It takes careful planning to restructure a business operated by an S corporation into a form that might qualify under IRC Section 1202.  

Investment advisers who manage Cayman Islands investment entities should be aware of the separate compliance obligations under U.S. FATCA, U.K. FATCA and CRS. The following summary outlines the 2016 requirements.

"The Deferreds” refer to the deferred assets and liabilities you may need to record under GAAP. There are several common categories of deferred liabilities including deferred revenue, deferred rent, deferred compensation and deferred tax.

You cannot make decisions today based on numbers from the year-end financial statements from two or three months ago. The decisions should be based on what is going on now, and what will go on next week, month, year, decade.

The Committee on Foreign Investment in the United States ("CFIUS") examines the effects of a foreign investment transaction and assesses their impact on the national security of the U.S. Here are four trends to look for in the year ahead.

Discover how manufacturing and distribution companies can maximize tax savings through real estate incentives like cost segregation and Section 179D deductions. Learn about bonus depreciation and energy-efficient tax incentives.

Social Media tools to help streamline a not-for-profit organization's social media efforts and measure effectiveness. How to get started with Google Analytics for website and social media metrics. A look at Hootsuite and TweetDeck simplifying social media posting.

Understand the structured approach to material weakness remediation, expanding on the key phases and critical elements involved in the process.

The philanthropic nature of not-for-profits does not prohibit them from being susceptible to fraud, waste and abuse. The impact of fraud on a not-for-profit extends well beyond the loss incurred from the fraud. The definition of an excess benefit transaction or EBT.

Whether faced with a known fraud or proactively addressing vulnerabilities, a fraud risk assessment can be an effective tool in any organizations fraud risk management program. This article discusses the primary objectives when conducting a fraud risk assessment.

Occupational and Workplace Fraud 994 billion of annual revenues are the cost of occupational & workplace fraud. Too much control by one employee can lead to fraud. The duties of maintaining cash accounts should be segregated to prevent workplace fraud.

One of the biggest problems facing the health care industry is fraud. According to the National Health Care Anti-Fraud Association, tens of billions of dollars are lost every year due to fraud. An FBI task force seeks to expose and investigate health care fraud.

Statistics from the 2014 Report to the Nations on Occupational Fraud and Abuse by the Association of Certified Fraud Examiners. The 3 primary categories of fraud are corruption, asset misappropriation and financial statement fraud with asset misappropriation being the most common.

Learn how businesses can maximize tax savings by categorizing capital expenditures and repair expenses under Section 179 and bonus depreciation rules. Discover strategic ways to optimize deductions for federal and state tax benefits.

A discussion of IRC Sec. 1031 and how it enables taxpayers to defer tax on gains from the sale of certain real property, as long as like-kind property is purchased with the proceeds from the sale of the relinquished property. This strategy is a powerful tool for real estate investors since when it is used to defer taxes, it effectively creates an interest-free loan.

When it comes to managing your IT services, there are a few significant benefits of outsourcing. Here's a quick look at how outsourcing can actually save you.

Today, it does not matter what size or kind of business you run; your data, your systems and your business are all at risk. This article focuses on the reasons bad actors are going after smaller businesses, as well as the basic steps you can take to protect yours.

Cloud-based law management has moved quickly to create features that lawyers expect out of their case management solutions. However, there are still some limitations to consider and work around regarding backup.

This article features a look at steps that can be taken to mitigate the risks of a social engineering cyberattack, based on a breach at Uber that came to light earlier this year.

Microsoft 365 is a very popular software package – one that has its advantages and disadvantages. This article offers insight into a few specific issues, as well as possible remediation measures.