The U.S. Citizenship and Immigration Services (USCIS) has announced a new version of Form I-9, Employment Eligibility Verification, replacing the previous version 7/17/17/N which expired at the end of August. The Office of Management and Budget approved the changes...
The Financial Accounting Standards Board (FASB) recently issued revised implementation dates for two major accounting standards changes. These major changes will undoubtedly bring challenges to private companies, smaller public companies, and nonprofit organizations...
Among many complications and hurdles that businesses may face, data breaches and fraud are among the most damaging and most challenging to control. In 2018, fraud caused over 7 billion dollars in total losses, with 22% of total cases causing losses of over 1 million...
What’s an accountants' least favorite holiday? New Years Day! With the New Year, new IRS limits and reimbursement rates are now in effect. Below is a quick summary of these key amounts: Most of these changes are taxpayer-friendly, as they are increasing the amounts...
Anybody who knows me, knows I love to be up in the mountains … it’s the one place where I am not 100% focused on work. The funny thing is, at work, I often find myself thinking about hiking and climbing … not from a daydreaming perspective, but from a business and...
At just 3.7%, the unemployment rate is the lowest it has been since the late 90s. Low-wage sectors with historically low job quality are seeing rises in pay and benefits, more full-time employees, and more flexible and stable schedules. If you are an employer needing...
Instituting a financial review process & meeting can be a key driver in the continued growth and success of your business. These meetings represent an opportunity for both reflection of past results to see what worked/did not work and a forum for leadership to...
Many companies use nonqualified deferred compensation plans to reward, retain, and attract executives and other highly compensated employees. These key employees are typically highly compensated and already contributing the maximum amount to the more traditional...
As most business owners know, a key aspect to being successful and sustainable is to make sure your customers are always happy with your product or service. Research by American Express found that 60% of customers are willing to pay more for a better experience. The...
