Finance & Accounting

Tax Bite: Is a Roth IRA conversion right for you this year?

If you have a traditional IRA, you might benefit from converting some or all of it to a Roth IRA. A conversion can allow you to turn tax-deferred future growth into tax-free growth. It also can provide estate planning advantages: Roth IRAs … Continue reading

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Tax Bite: Give and receive with a charitable remainder trust

Would you like to benefit charity while reducing the size of your taxable estate yet maintain an income stream for yourself? Would you also like to divest yourself of highly appreciated assets and diversify your portfolio with minimal tax consequences? Then consider … Continue reading

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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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