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.
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.
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.
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.
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 inflation shock of the past three years is abating. One reason is that expectations of future inflation continue to remain remarkably well anchored.
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.
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.
The IRS is offering a penalty relief program to taxpayers affected by its operational difficulties during the pandemic. Find out if you qualify for this program that is expected to impact around 5 million tax returns.
Get valuable insights on how to build sustainable wealth as an emerging high-earner. This article dives deep into managing lifestyle creep, understanding income tax, and making tax-efficient investments. Learn how to leverage everyday expenses to lower your tax bill and preserve wealth.
The Federal Reserve's closely watched measure of inflation, the personal consumption expenditures index, continued to show strength in January, rising by 0.3%
