Under investigation: Crypto in 401(k) plans
April 8, 2022
Because it seems like crypto is all the rage these days, some employers might think about adding cryptocurrency investments to their 401(k) plans. Not so fast, says the DOL.
It’s almost that time of year again! If you’re not ready, file for an extension
April 6, 2022
If you can’t file by the April 18 tax deadline, here’s what you should do to avoid steep penalties.
Timing counts: Reporting subsequent events
April 1, 2022
In today’s marketplace, conditions are ever-changing. By the time you issue year-end financial statements, you may be dealing with a major development that’s affecting your company’s performance. Which developments must be recognized or disclosed in your financials?
Exploding offers have largely fizzled out
March 31, 2022
In a tight job market, an employer might consider making an “exploding offer” to a job candidate. Here’s why you should think twice before lighting the fuse.
Taking the opposite approach: Ways your business can accelerate taxable income and defer deductions
March 29, 2022
The best tax planning actions for your business partially depend on whether you expect federal income tax rates to go up, go down or stay the same in the future. Here are some ideas if you think rates could go up.
Eyes on related parties
March 28, 2022
Remember Enron? Doing business with so-called “related parties” may result in nepotism, sweetheart deals and skewed financial results. Here’s how auditors customize their procedures for related-party transactions.
