Blog Archives

11/30/2017

W-2 Scam - How THIEVES Are getting Employee Data

There are a growing number of businesses, payroll and human resource communities across the nation becoming a victim of a W-2 email scam.

Criminals use this scheme to gain access to W-2 and other sensitive tax information that employers have about their employees.

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11/19/2017

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Hiring a Consultant - Villain or Hero?

Are consultants simply someone who “borrows your watch to tell you the time?”

“Veteran journalist Duff McDonald makes a point in his book “The Firm” that McKinsey might be the single greatest legitimizer of mass layoffs in history —although that would be pretty much impossible to measure. Companies do need to lay off workers in tough times, that’s a simple fact. But the whole idea of corporate powerhouses laying off thousands of people during good times simply to juice profits—and, naturally, executive compensation—is something that McKinsey has definitely had a hand in as well. ...That sounds like a vote for evil, to me.”
Source – Time.com

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11/7/2017

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What Businesses Can Do Now Before Filing Their Return in 2018

The most stressful time of the year for small business owners is tax season, which is why 70% of them choose to outsource their tax preparation, according to Forbes.

However, even if you hire a tax professional, you still have substantial work to do before filing your year-end taxes because the accuracy of your return depends on the information that you provide to your accountant.

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11/2/2017

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Be Prepared with this Accounting Year-End Close Checklist

Some companies close their general ledger earlier in the year and then wait until the end of the calendar year to close payroll, whereas other companies have a combined fiscal year-end close and calendar year close. Regardless of how your business chooses to handle the timing of closing activities, it will need to complete the end of year close accurately to give a complete picture of its financial position and plan for the coming year.

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In Pursuit of Profit

W-2 Scam - How THIEVES Are getting Employee Data

Hiring a Consultant - Villain or Hero?

What Businesses Can Do Now Before Filing Their Return in 2018

Be Prepared with this Accounting Year-End Close Checklist

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