Finance & Accounting

Tax Bite: 2 Tax Pitfalls of Mutual Funds

Investing in mutual funds is an easy way to diversify a portfolio, which is one reason why they’re commonly found in retirement plans such as IRAs and 401(k)s. But if you hold such funds in taxable accounts, or are considering such investments, … Continue reading

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Detecting and Preventing Accounts Payable Fraud

Accounts Payable fraud is one of the most frequent frauds reported in the last few years.  There are steps that can be taken to reduce your risk, such as comparing vendor address against employee’s address is introduced as one of the fraud prevention activities.  … Continue reading

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Tax Bite: Have You Misclassified Employees as Independent Contractors?

An employer enjoys several advantages when it classifies a worker as an independent contractor rather than as an employee. For example, it isn’t required to pay payroll taxes, withhold taxes, pay benefits or comply with most wage and hour laws. However, there’s … Continue reading

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Happy 4th of July

Wishing you a safe and Happy 4th of July!

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