A New Look at SECURE Act 2.0 Issues
The SECURE Act 2.0 has a new provision that speaks to the nature of auto-enrollment for new 401(k) plans. All eligible hires will be required to enroll at a pretax …
Protect Your Profits: How to Identify and Prevent Fraud in Your Organization
Did you know employee theft costs businesses around $50 billion each year? Or that 57% of fraud is committed by company insiders or a combination of insiders and outsiders? While …
Corporate Transparency Act: Does It Affect You?
Starting on Jan. 1, 2024, some companies will have to report certain information about their ownership. Which companies and which information? That’s where it can get confusing. You have to …
Ensuring Cybersecurity and Data Protection for Financial Data: Tips to Reduce Breaches and Ensure Compliance
In the digital age, the financial sector has witnessed a massive shift toward online transactions and data-driven operations. The need for robust cybersecurity and data protection measures is more critical …
What’s the Story on Gift Taxes?
No, the IRS is not imposing a tax on the sweater you gave to Uncle Arnold for Christmas or those Amazon gift cards you gave your nieces. The IRS only …
The Financial Safety Net: How Internal Controls Protect Against Misstatements and Fraud
Financial reporting is a critical component for the successful operation of any organization. The financial information presented must be accurate and free from any misstatements or fraud. Implementing and maintaining …