Finance & Accounting

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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Can I claim my elderly parent as a dependent?

For you to deduct up to $3,900 on your 2013 tax return under the adult-dependent exemption, in most cases the parent must have less gross income for the tax year than the exemption amount. Generally Social Security is excluded, but payments from … Continue reading

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It’s not too late to make a 2013 contribution to an IRA

Tax-advantaged retirement plans allow your money to grow tax-deferred — or, in the case of Roth accounts, tax-free. But annual contributions are limited by tax law, and any unused limit can’t be carried forward to make larger contributions in future years. So … Continue reading

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