Finance & Accounting

Surviving Spouse

Not sure whether to laugh or cry… A recent decision by the US Court of Appeals demonstrates the importance of making sure your new spouse is truly divorced before he/she marries again.  Otherwise it can spell disaster for the surviving spouse. http://www.sccourts.org/opinions/HTMLFiles/SC/27308.pdf … Continue reading

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Making the most of your business’s NOL

If during 2013 income tax return filing you found that your business had a net operating loss (NOL) for the year, the news isn’t all bad. While no one enjoys being unprofitable, an NOL does have an upside: tax benefits. In a … Continue reading

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Fraud Tip of the Week: Protect Yourself When Conducting Internal Investigations

If you receive a tip that fraud may be occurring in your business, your impulse should be to act and to act quickly.  It is important to deal timely with any allegations or suspicion of wrongdoing in your organization.  If there is … Continue reading

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Don’t inadvertently miss filing deadlines

If   you still file a paper return, it’s important to know the IRS’s “timely   mailed = timely filed” rule: If your tax return is due April 15, it’s   considered timely filed if it’s postmarked by midnight on April 15. … Continue reading

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The Inspiration of Olympians

Those of you who know me know I am an avid sports fan.  I admire professional sports athletes from the NFL, NBA, NHL and MLB due to the talent they possess and the pure entertainment value they provide.  While college doesn’t quite have the same talent … Continue reading

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