
Is the Worker You Just Hired an Independent Contractor or an Employee?
It sounds like this would be a simple question to answer – but is it? Determining your new worker’s employment status may be trickier than

Three Reasons Why You Should Upgrade Your Expense Management Software
In today’s fast-paced environment, we thrive on efficiency — of resources, time, and energy. One of the easiest ways for a growing business to streamline

What Employee Benefit Plan Sponsors Need to Know About Cybersecurity
Most organizations have some sort of formal plan in place to protect their electronic data, but many of those security measures neglect to address these

Meals and Entertainment Expenses After Tax Reform
The 2017 Tax Cuts and Jobs Act (TCJA) made several changes to the tax deductibility of meal and entertainment (M&E) expenses. In an effort to

Sales Tax Changes to Affect Louisiana Retailers and Purchasers Alike
As part of a larger budget deal, new Louisiana sales tax laws were approved by lawmakers late last week. The Louisiana state-wide sales tax rate

What You Need to Know to Help Protect Your Company from Business Email Compromise Scams
Business email compromise (BEC) scams are on the rise. According to the FBI’s Internet Crime Complaint Center (IC3), there has been a 1,300 percent increase

A Cash Flow Analysis Can Save Your Business
Financial experts claim that 82 – 90% of small business failures are caused by poor cash flow. Many profitable companies find that they are insolvent

Deducting or Amortizing Start-up Costs and Organizational Costs

The Many Benefits of Outsourcing the CFO Function
As small to medium-size business owner, you wear many hats and may be responsible for everything from new product development, to operations, human resources, accounting,

Charitable Deductions for Appreciated Real Estate Property
Gifting real estate to a charitable organization could be good for you as well as the charity. It may allow you to qualify for a

The Importance of Choosing a Quality Auditor for Employee Benefit Plans
In recent years, employee benefit plans have been under a regulatory microscope. Investigations and audits have been increasingly successful at identifying and penalizing plan administrators

The Tax Consequences of Reimbursed and Unreimbursed Employee Expenses: What Employers and Employees Need to Know
Employees are typically reimbursed for business expenses that are ordinary and necessary. Generally, ordinary expenses are considered as common in a line of business where