Aug 11, 2022 | Accounting & Audit Updates, Business Planning, Closely Held Business, Tax News
If you are a growing small business, you may want to take another look at your company’s retirement plan. Each retirement plan covered under Title I of the Employee Retirement Income Security Act of 1974 must file an annual report. Retirement plans with less than 100...
Jul 19, 2022 | Accounting & Audit Updates, Not-for-Profit
Due diligence is an investigation, an audit or a review performed to confirm facts or details of financial records. The objective is to confirm accuracy and appraise value. Audits often help uncover issues and avert potential ones in the future. When you outsource...
Jun 15, 2021 | Accounting & Audit Updates, Business Planning, Tax News
An internal audit conducted by an objective consulting group adds value and improves a company’s operations. It can help even small companies accomplish their objectives by adding a systematic, disciplined approach to evaluate and improve the effectiveness of...
Apr 15, 2021 | Accounting & Audit Updates, Business Planning, Closely Held Business, Coronavirus Updates, Coronavirus Updates, Employee Benefit Plans, Government Contracting, Hospitality, Medical Practices, Not-for-Profit, Personal Financial Planning, Private Equity-SBICs and Venture Capital, Real Estate, Tax News
Even before the pandemic, the Small Business Administration offered Economic Injury Disaster Loans for “losses not covered by insurance or funding from the Federal Emergency Management Agency (FEMA) for both personal and business” expenses and for...
Apr 12, 2020 | Accounting & Audit Updates, Featured News and Events, Tax Due Dates, Tax News
The IRS continues to grant filing and payment relief to taxpayers. The latest IRS release IR-2020-66 expands the filing and payment relief beyond just those filings and payments due April 15, 2020. The IRS’s latest announcement issued on April 9, 2020 generally...
Mar 31, 2020 | Accounting & Audit Updates, Featured News and Events, Tax Due Dates, Tax News
IRS Tax Update: Please see below for the most up-to-date information for the IRS, DC, MD and VA tax filing deadlines for the 2019 tax year. We will continue to update you as we get more information on tax return filing and payment due dates. If you have any...