• BrickerBot Attack - How You Can Safeguard Your Services

    Published: Apr 18, 2017
    BrickerBot, a newly discovered botnet, is targeting home automation systems, electronic toys and other devices connected to the internet through your home or business network. Learn more about this threat and how you can protect your home and business.

  • Demand the Best from Your Remote Backup Service

    Published: Apr 18, 2017
    You’ve made the wise choice of backing your data up to a secure off-site facility! Read more about the requirements you should insist upon when choosing a firm to perform your backup.

  • Cost Segregations: A Dollar Today is Worth More than a Dollar Tomorrow

    Published: Mar 28, 2017
    A cost segregation study can provide increased cash flow, reduced current tax liability, and other benefits by identifying costs that can be depreciated over a shorter timeframe than the one mandated by the IRS. 

  • GASB Releases Statement No. 85

    Published: Mar 22, 2017
    On Monday, March 20, the Governmental Accounting Standards Board (GASB) issued Statement No. 85 to address several accounting and financial reporting issues. 

  • Partnership vs. S Corp: What’s Best for Holding Property?

    Published: Mar 1, 2017
    Holding real estate in an S corporation may seem like a great idea when forming a new entity. Why, then, do more professionals recommend partnerships as the most attractive vehicle to hold real estate?

  • Know the Rules of the Florida Commercial Rent Sales Tax

    Published: Mar 1, 2017
    If you hold real property and business operations in separate entities for liability purposes, sales tax is still due on any rental payments (or payments construed as rent) made from the business to the real estate holding company.

  • The IRS Relaxes Enforcement of ACA Mandate Penalties

    Published: Mar 1, 2017
    As the new administration plans drastic changes to the Patient Protection and Affordable Care Act (ACA), the IRS has eased enforcement of the individual mandate component.

  • Like-Kind Exchanges and How You Can Benefit

    Published: Mar 1, 2017
    If you’re selling business or investment property for a gain, you can postpone paying tax on the gain with like-kind exchanges. Read more about this option and whether it’s right for you. 

  • ACA Marketplace Notice Forms: One “Use By” Date You Can Ignore

    Published: Mar 1, 2017
    Despite their January and February 2017 expiration dates, you can still use the current health insurance marketplace notice supplied by the U.S. Department of Labor.

  • Employee Handbooks: A Vital Company Communication Tool

    Published: Feb 2, 2017
    An employee handbook that isn’t relevant, well planned and periodically reviewed can cause confusion, mistrust and even legal trouble. Here are a few common do’s and don’ts when it comes to these handbooks. 

  • How to Compare Tax-Exempt and Taxable Investment Yields

    Published: Jan 31, 2017
    We are frequently asked how to compare the yield on a tax-free bond with the yield on a taxable investment. Thankfully, there is a fairly straightforward formula you can use to come up with comparative yields if you know your tax bracket. 

  • Decisions, Decisions: Incentive vs. Non-Qualified Stock Options

    Published: Jan 30, 2017
    Stock options are a great way to attract high-quality talent to your company. Read on about the benefits and drawbacks of the two most popular types of these options. 

  • Making a Graceful Transition – What is Your Plan?

    Published: Jan 6, 2017
    By laying the groundwork of transition planning now, you and your family can have peace of mind knowing that your wishes are documented when the time comes for you to move on.  

  • Tax Time: The Clock Starts... Now!

    Published: Jan 6, 2017
    As we dive head-first into tax season, we want you to be aware of several important deadlines and considerations that will make life easier for both you and your CPA. 

  • IRS Penalty Eliminated for Employer Reimbursements of Healthcare Costs

    Published: Dec 13, 2016
    President Barack Obama has signed into law legislation that eliminates penalties on employers who reimburse employees for the cost of health insurance premiums. 

  • Building Your Business: The Ins and Outs of Entity Structuring

    Published: Dec 5, 2016
    The entity structure you choose for your business affects the decisions you make later, from determining your tax liability to offering stock options. 

  • The New Year Means a New Form I-9

    Published: Nov 30, 2016
    A new Form I-9 makes it easier for companies to comply with USCIS regulations on employment eligibility. Read more about the changes on the form and why they were made.   

  • BREAKING NEWS - DOL Overtime Rule Blocked

    Published: Nov 23, 2016
    The new Department of Labor (DOL) federal overtime rule, scheduled to take effect on Dec. 1, has been blocked by a federal judge.  

  • Extension Announced for ACA Form 1095 Deadline

    Published: Nov 21, 2016
    Employers subject to the Affordable Care Act’s (ACA’s) information-reporting requirements now have until March 2, 2017, to deliver individual statements on 2016 health coverage  to their employees. 

  • Nonbusiness Deductions – Your Holiday Gift to Yourself!

    Published: Nov 11, 2016
    Your 2016 tax return can actually be an opportunity for savings, thanks to the variety of nonbusiness deductions available. 

  • Health Insurance: Time for a Checkup!

    Published: Nov 11, 2016
    With the year coming to an end and new health insurance enrollment periods upon us, now is the perfect time to take a thorough look at the costs and coverage of your plan.

  • Year-End Tax Planning for Seniors

    Published: Nov 10, 2016
    Whether the end of the year means contributing to charities or making withdrawals from your retirement account, here are some tax saving strategies that will help you get (and give) the most with your money.

  • Year-End Tax Planning for Individuals

    Published: Nov 10, 2016
    Navigating the complicated tax laws and the myriad of options to save money can be daunting. In this article we summarize several ways to help you reduce your tax burden. 

  • Year-End Tax Planning for Your Business

    Published: Nov 10, 2016
    The end of the year isn’t just about holiday spending – now is the time to take advantage of tax breaks for purchasing equipment, software and certain real estate property. 

  • Out With the Old, In With the New: Important Deadline Changes for Year-End Filings

    Published: Nov 10, 2016
    The end of the year usually brings a flurry of activity aimed not only at meeting goals, but also hitting important deadlines. And this particular year brings about a couple of very important changes.

  • Disaster Relief – Tax Deadlines Extended for Those Affected by Recent Hurricanes

    Published: Oct 18, 2016
    The Internal Revenue Service (IRS) announced the extension of a variety of deadlines for certain tax returns and payments due to the extensive and unusual impact of Hurricane Matthew. 

  • New Rules for Deducting Disaster Losses

    Published: Oct 18, 2016
    The Internal Revenue Service (IRS) has announced new procedures for deducting losses under section 165(i) due to disasters such as Hurricane Matthew. 

  • Paying the Difference: Salary Data Now Required on EEO-1 Form

    Published: Oct 17, 2016
    The Equal Employment Opportunity Commission (EEOC) has announced that EEO-1 reporting form will collect pay data beginning with the 2017 form.

  • The R&D Credit – It’s Not Just for Tech Companies!

    Published: Oct 17, 2016
    R&D credits aren’t just for technology firms. See how manufacturing companies can take benefit from this often-overlooked tax advantage. 

  • The Yahoo Data Breach: Are You At Risk?

    Published: Sep 27, 2016
    A 2014 breach of the Yahoo network has put the data from at least 500 million user accounts at risk. If you have a Yahoo account, be aware of the dangers and what you should do next. 

  • Establishing a Board of Directors for Your Nonprofit

    Published: Sep 26, 2016
    An effective board of directors – a governing body that keeps the organization focused on its mission and helps manage the business side of nonprofit work – is just as important as the work of your hands-on volunteers. 

  • Facebook Privacy Considerations

    Published: Sep 21, 2016
    Facebook’s algorithms to suggest friendships often bring to light convoluted yet amusing coincidences. Read on to see how client confidentiality can be impacted by these algorithms.

  • Preparing for a Single Audit: An Auditee Perspective

    Published: Sep 21, 2016
    The GAQC has scheduled a CPE rebroadcast of a webinar that would be of interest to any organization that is in recipient of federal awards. The webinar, “Preparing for a Single Audit: An Auditee Perspective”, will be held on September 29, 2016 from 1:00pm-3:00pm. 

  • New FASB Guidelines Finalized for Nonprofit Financial Reporting

    Published: Aug 23, 2016
    The Financial Accounting Standards Board (FASB) has announced the finalization of ASU No. 2016-14, a new set of guidelines for nonprofits regarding their financial reporting.

  • Deadline Fast Approaching for the New DOL Overtime Rule

    Published: Aug 10, 2016
    Employers have less than four months to ensure compliance with the U.S. Department of Labor’s overtime rule changes or face significant fines. 

  • ACA Employer Appeals - Time is Money

    Published: Aug 10, 2016
    Have you been notified by the ACA that an employee has received a subsidy for purchasing a Marketplace health insurance policy? If you offer ACA-compliant coverage, filing an employer appeal can help you save thousands of dollars in penalties. 

  • Pay Transparency Nondiscrimination – Executive Order 13665

    Published: Aug 9, 2016
    Effective January 11, 2016, it is now unlawful for federal contractors to discriminate again applicants or employees who inquire about, discuss or disclose pay or compensation.

  • New AICPA Revenue Recognition Standards

    Published: Aug 9, 2016
    New revenue recognition standards have been adopted by the AIPCA. The time is now to evaluate your current contracts with customers and begin planning and discussing your proposed updates with your CPA. 

  • IRS Enhances its E-authentication Procedures for Tax Returns

    Published: Jul 28, 2016
    After a four-month suspension due to security concerns, the IRS has relaunched its “Get an IP PIN” tool to protect the information of taxpayers who file online. The new version is aimed at preventing automated attacks like those that plagued the IRS’s computer systems earlier this year and in 2015.

  • Save Time and Money by Outsourcing Your Accounting

    Published: Jul 18, 2016
    When you started your nonprofit organization, it probably wasn’t because you wanted to keep track of your payroll, expenses and other financial considerations. As your organization grows, it is important to have internal control systems in place to track your revenue and provide you with sufficient data to create strategic plans and improve budgeting. Outsourcing your accounting could be the best solution to manage your financial records. Continue reading to learn more. 

  • Budgeting for Success – How to Help Your Nonprofit Thrive Financially

    Published: Jul 15, 2016
    Your nonprofit organization has big dreams to help your community. But while those dreams require creativity, imagination and optimism, they won’t become a reality without some good old fashioned planning. That’s where your budget comes in. 

  • Form 990 Article Series 04: Private Foundation Vs. Public Charity

    Published: Jul 15, 2016
    The IRS classifies all 501(c)(3) nonprofits as either public charities or private foundations. The category into which your organization falls determines how strict your operating rules and regulations are, as well as the type of Form 990 you complete. 

  • Are You Relying on Cheap, Online Backups For Your Data?

    Published: Jul 13, 2016
    Your business network creates a lot of important data every day, which means you need regular backups to ensure that you always have access to this information. Many cloud storage services offer remote backup for low prices, but the promise of cheap backups is often too good to be true. Instead of getting the reliable storage you need to protect your business data, you may run into frustrating pitfalls.  Continue reading to learn about a few nightmares you might run into in real life, if you’re using one of those cheap cloud backups

  • Navigating The Cloud: Gold Mine...Or Minefield?

    Published: Jul 13, 2016
    Is the cloud a good fit for your company or not? On the one hand, taking full advantage of today’s cloud capabilities could be key to becoming a top player in your market. On the other, without proper oversight, just one cyber-break-in could bankrupt your organization…Feeling a little confused, or perhaps even overwhelmed, about your cloud options? Do not worry, you are not alone. In this article we will help you unravel your choices so you can make the most out of this game-changing technology.

  • Deadline Dateline – New Business Tax Filing Deadlines and Exceptions

    Published: Jun 22, 2016
    Businesses take note - changes to return filing deadlines and other tax guidelines were made in the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015. Find out more about how your company may be affected. 

  • Scam Alert – There is No Such Thing as “Federal Student Tax”

    Published: Jun 22, 2016
    The IRS recently issued a warning to taxpayers about a “federal student tax” scam making the rounds in recent months. Read about the warning signs and how to avoid becoming a victim. 

  • The Path to Ownership - Laying the Groundwork for Your Own Practice

    Published: Jun 17, 2016
    Practice ownership or partnership might seem a distant goal if you are just starting your career, but there are still steps you can take to prepare yourself. Read on to see how you can lay the groundwork for this career milestone. 

  • Off the Beaten (Career) Path - Non-Traditional Career Options in Dentistry

    Published: Jun 17, 2016
    Be it helping underserved populations, practicing around the world or performing groundbreaking research, there are many options for newly-minted dentists to want something different to start their careers.  (Bonus – many of them can help you pay off that student loan!)

  • Final Overtime Rule Released by the DOL

    Published: May 19, 2016
    On May 18, 2016, the Department of Labor (DOL) released the long anticipated final rule to the federal overtime regulations – a move that will automatically extend overtime pay protections to 4 million workers. 

  • Operating Measures and GAAP Compliance: The Importance of Consistency and the Future of Nonprofit Reporting Guidelines

    Published: May 2, 2016
    In studying the existing guidelines, the FASB Not-for-Profit Advisory Committee (NAC) realized that some areas of reporting could be simplified or otherwise improved. As a result, several changes in GAAP are now being finalized by FASB to help nonprofits more easily and clearly report their financial information. 

  • Will Your Backups Be There When You Need Them?

    Published: May 2, 2016
    When the livelihood of your organization depends on data stored in your computer network, you simply cannot afford to leave anything to chance. Data preservation and the ability to retrieve it at any point in time is the foundation of business continuity.

  • The Value of Volunteer Time

    Published: May 2, 2016
    According to nonprofit leadership network Independent Sector, the estimated value of an hour of volunteer work jumped to $23.56 per hour in 2015 – an increase of over 2% from the previous year. The figure is based upon average hourly wages of non-management, non-agricultural workers; applied to those 2014 volunteer hours, the 2015 rate would bump up the value of that work by nearly $4 billion.