Deepfakes and Social Engineering: The New Face of CEO and CFO Fraud

March 1, 2024 12:00 pm Published by

Technological advancements have ushered in a new era of cybercrime, with deepfakes and social engineering tactics at the forefront of fraudulent activities. CEO and CFO fraud has become increasingly widespread, posing significant threats to organizations worldwide. Understanding CEO and CFO... View Article

U.S. Beneficial Ownership Information Reporting Begins

March 1, 2024 12:00 pm Published by

The U.S. Treasury recently enacted a new reporting requirement aimed at quashing illicit financial transactions. The agency believes that corporate anonymity is enabling money laundering, terrorism, and drug trafficking. As part of the 2021 Corporate Transparency Act (CTA), certain companies... View Article

Debating U.S. Border Policies and Foreign Aid, Providing Tax Relief Before Tax Season, and Training More Nurses

March 1, 2024 12:00 pm Published by

The Emergency National Security Supplemental Appropriations Act (HR 815) – Formerly known as the RELIEVE Act, this bill was originally written to improve veteran eligibility for reimbursement for emergency treatment. However, the bill was altered to incorporate the Senate’s effort... View Article

March Financial To-Do List

March 1, 2024 12:00 pm Published by

Ready or not, spring is right around the corner, and it’s the perfect time to get in fiscal shape for the rest of the year. However, tax preparation isn’t the only thing to put on your list. Here are a... View Article

What to Know About the Art Donation Deduction

March 1, 2024 12:00 pm Published by

If you would like to donate artwork to an eligible charitable organization, you might be able to take a deduction on your tax return. However, the rules are complex. There are different requirements for different values, and there are scams... View Article

Actions Lottery Winners Should Consider

March 1, 2024 12:00 pm Published by

We all have those days when we dream of striking it rich with a winning lottery ticket. Never having to work again while living a life of luxury. While your chance of finding a four-leaf clover is higher than winning... View Article

Impact of Digital Currency on Businesses’ Accounting

December 1, 2023 12:00 pm Published by

The emergence of digital currency is reshaping how businesses operate and account for financial transactions. As accounting professionals navigate this transformative wave, understanding the profound impact of digital currency on business accounting becomes not just relevant but imperative. What is... View Article

Wage Garnishment Considerations for Business Owners

December 1, 2023 12:00 pm Published by

According to the United States Department of Labor’s Consumer Credit Protection Act (CCPA), wage garnishments are a complex legal process for employers to account for when it comes to employment matters. This article specifically refers to Title III of the... View Article

How to Manage Taxes in Retirement

December 1, 2023 12:00 pm Published by

The biggest difference between managing taxes throughout your career versus during retirement is that when you are retired, you are responsible for calculating how much you owe and paying it on a timely basis. Retirees normally have several different income... View Article

4 Smart Ways to Maximize Your IRA Contributions

December 1, 2023 12:00 pm Published by

Unless you’re near retirement, chances are you’re depositing a certain amount of cash each year in your IRA at tax time, then kind of forgetting about it, not thinking much about it until the next year. This dynamic can cost... View Article

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