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September202021
The New Auditor’s Report is Coming! The New Auditor’s Report is Coming!

There is a new auditor’s report coming for the 2021 engagements! Here are some highlights: The order of the paragraphs has been rearranged with the report leading with the Opinion. […]

September132021
Little Used Zoom Tools for Maximum Learner Engagement

Although virtual training has been around for 25 years, everyone was forced to embrace it within the last 18 months. Most often, polls and chats are the go-to tools for […]

August302021
DOL Offers Best Practices to Defend ERISA Covered Retirement Plans from Cyberattack

The many millions of dollars in assets currently housed in employee benefit plans is cause enough to expect the most inventive cybercriminals to take their best shot. To add further […]

August232021
Scholarships are Usually Tax Free but May Result in Taxable Income

If your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships (and fellowships) are generally tax free for students at elementary, […]

August162021
Considering or planning a move? You may want to consider moving your trust with you.

You and your spouse have decided that the both of you are done with the city life and now want a change of scenery. There is a town in another […]

August102021
Brand Crisis Management – It Starts with Preparation

At one time or another, all businesses will face a brand crisis of some kind, and in an age of pandemics and cyberattacks, it is becoming even more common and […]

August022021
Potential Tax Savings for Pass-through Entity Owners

If you receive income from a pass-through entity (PTE) such as a partnership, an S Corporation, or a multi-member limited liability company, you could potentially lower your federal personal income […]

July262021
There’s currently a “stepped-up basis” if you inherit property. Will it last?

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. Current Rules Under the current fair market value […]

July192021
Internal Control Communications Build the Relationship and Trust with a Client

Auditors are required to gain an understanding of the internal control environment at the client (which is not an audit of internal controls) in order to identify and assess the […]