According to the Association of Certified Fraud Examiners’ (ACFE) Report to the Nations, occupational fraud continues to plague the construction sector, which reported the fourth highest median losses of $203,000 among a total of 22 industries. Topping the list of the industry’s most common fraudulent schemes was corruption followed by improper billing practices and duplicitous […]
Posted on July 21, 2022
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Joel Glick
In this episode Director of Forensic and Advisory Services Joel Glick explains how forensic investigations can be an important part of litigation matters.
Posted on July 20, 2022
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Luke Lucas
Included in New York’s 2022-2023 budget is a $250 million COVID-19 Capital Costs Tax Credit Program, offering financial assistance to help the state’s small businesses cover some of the operating costs they incurred adapting to the pandemic. The assistance comes in the form of tax credits equal to 50 percent of qualifying expenses and up […]
Posted on July 13, 2022
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Sarah Gaymon
On July 8, 2022, the IRS released Revenue Procedure 2022-32, which provides a simpler method for estates with widows or widowers to elect portability of the deceased spousal unused exclusion (DSUE). When a spouse dies with unused lifetime gift and estate-tax exclusion amounts, it is often a decision for the executor and the widow or […]
Posted on July 12, 2022
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Joel Glick
There are a variety of economic and non-economic factors that can negatively impact cash flows for businesses of all sizes across various industries. Currently, the ongoing labor and supply-chain constraints coupled with record-high inflation and rising interest rates are making it more difficult for businesses to cover their operating costs and maintain profitability. While there […]
The thought of an IRS audit can strike fear and loathing in any law-abiding U.S. taxpayer. As the recipient of an examination notice from the IRS, it is the taxpayer who shoulders the responsibility to prove that previously filed tax returns were both complete and accurate. This burden of proof does not lie with the […]
Posted on July 07, 2022
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Brent Leslie
In this episode Director of Assurance and Attest Services Brent Leslie explains ESG Reports and how they are helpful for businesses.
The U.S.’s EB-2 visa program offers foreign pilots a unique pathway toward lawful permanent residence in the U.S. However, without proper planning in advance of stepping foot on American soil, that path can be plagued with a variety of expensive tax traps. Whether your stay in the U.S. is temporary or a part of a […]
