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One year later: 5 areas of regulatory focus since 2023 bank failures
In the aftermath of the liquidity-related bank failures in March 2023, regulatory agencies and leaders have released numerous updates on supervisory expectations and calls for additional regulation.
Credits and incentives available to retirement plan sponsors
Employers with less than 100 employees who have recently adopted or are considering a retirement plan have a tax savings opportunity.
Mitigating the Risk of Deepfake Fraud
With the rise of AI, deepfake fraud is on the rise, resulting in significant financial losses for companies. Explore the need for increased employee education and enhanced security measures. Reach out to us to learn how to protect your organization against these sophisticated cybercrimes.
Exploring holding companies: how they work and why they matter
Holding companies offer benefits such as tax efficiency, liability protection, and privacy, but they also present challenges and complexity. This article provides an overview of what holding companies are, how they work, and their pros and cons.
IRS cautions against companies misrepresenting wellness and nutrition expenses as medical costs
The IRS has issued a warning against companies misrepresenting personal health and wellness expenses as medical expenses. Understand the potential tax implications and how to use your health spending accounts responsibly. Keep yourself informed and avoid falling victim to these misrepresentations.
Understanding the Form 8300 e-filing requirements for cash transactions over $10,000
Understand the IRS's new e-filing system for Form 8300, designed to simplify the reporting of cash transactions over $10,000. Learn who must file, the e-filing requirements, and how to apply for a waiver if e-filing is challenging for your business.
Fiscal year 2025 budget proposal contains items affecting exempt organizations
Biden administration's budget proposal includes items affecting donor advised funds and private foundations.
Fed holds rates steady as it implies three rate cuts in 2024
The primary takeaway from the Federal Open Market Committee's policy statement and forecast is that the Fed, along with other major central banks.
NetSuite tips and tricks: Account reconciliation
NetSuite's account reconciliation software helps automate reconciliation compliance and transaction matching processes.
Service sector continues to grow in February
The service sector continued to grow in February for the 14th straight month, according to the Institute for Supply Management on Tuesday.
Geopolitical tensions and risks to the inflation outlook
Just as inflation appeared to be getting under control in recent months, rising tensions in the Middle East have shaken this view and now represent the major risk to our economic and inflation outlooks.
The price of eggs and the effect on public sentiment
With the economy growing at a healthy rate over the past year, one would think that Americans would be celebrating a boom.
Inflation expectations remain remarkably well anchored
The inflation shock of the past three years is abating. One reason is that expectations of future inflation continue to remain remarkably well anchored.
Smart finance for startups: 6 mistakes you can’t afford to make
Launching a startup is an exciting venture, but it's easy to overlook some crucial financial aspects. This article highlights six financial mistakes that can make or break your startup's success. Learn how to avoid these common pitfalls and build a thriving business.
Recent changes: retirement plan eligibility for long-term part-time employees
As of 2024, certain long-term part-time employees are eligible to participate in 401(k) plans. This article provides a detailed understanding of the changes to retirement plan rules brought about by the SECURE Acts.