Help Decrease the Chance of an IRS Audit

Executive perks that are not properly reported to the IRS can land both you and your company in hot water. In the last couple of years, the IRS has engaged in an audit initiative involving executive compensation and fringe benefits. The focus began with large...

Qualifying for Tax Breaks for a Dependent Parent

For many families, the tables may turn, and adult children provide financial support for their parents. For example, you might have moved your in-laws from a long-term care facility into your home during the pandemic for safety and convenience. Or your widowed father...

Preventing Theft of Your Business’s Trade Secrets

With millions of U.S. employees still working from home, companies’ intellectual property (IP) is at greater-than-usual risk of theft, loss or compromise. IP includes trademarks, copyrights, patents and, the most common IP asset, trade secrets. Whether you...

A Buy-Sell Agreement Can Promote Your Estate Plan’s Objectives

If you own a closely held business, you’re probably familiar with the protections provided by buy-sell agreements. But do you know how important these documents can be to an estate plan? Because buy-sell agreements specify whether, and under what circumstances,...

Affinity Fraudsters Are Wolves in Sheep’s Clothing

It’s natural for individuals to immediately accept and befriend members of their own ethnic, religious, political or other identity- or interest-based communities. Fraudsters know this, and when perpetrating “affinity” schemes, they capitalize on...

Is Your Staff Firing on All Cylinders? 6 Key HR Issues for 2021

Enduring a global pandemic may not be as traumatizing as military combat, but in both cases, the aftereffects can linger. When the smoke clears, there’s a lot of rebuilding that needs to happen to return to a state of normalcy. And as the COVID-19 pandemic...

Are Your Employees Afraid to Return to Work?

If you have employees working from home, and you want to transition them back to the workplace as the economy picks up, you may find it’s harder than you once thought. For some employees, nervousness about remaining health risks is an impediment — especially for...

How Manufacturers Can Benefit from Blockchain Technology

To succeed in the 21st century, manufacturers must embrace the latest technological innovations. As part of this trend, factories around the world are becoming increasingly interrelated using blockchain technology. Although the concept is shared by businesses in...

Don’t Overlook the Need for a Detailed Weather Emergency Plan

Weather emergencies take many forms, and depending on your location, you’re likely more vulnerable to some forms than others. But the following data about the business impact of natural disasters from the Federal Emergency Management Agency (FEMA) is a wake-up...