Posted on September 28, 2022
by
Daniel Hughes
In the aftermath of Hurricanes Fiona and Ian and with Hurricane Nicole taking aim at Florida, we are reminded once again of the importance of preparing for and responding to natural disasters in order to minimize business losses and ensure long-term viability. The actions a business takes during the first few days following a loss […]
Posted on September 27, 2022
by
Sarah Gaymon
In 2007, multi-millionaire hotelier Leona Helmsley made headlines when she passed away leaving $12 million to her dog Trouble. Today, it is commonplace for pet owners to specify in their wills how they wish their furry friends to be cared for financially and physically long after they are gone. In fact, all U.S. states and […]
Posted on September 23, 2022
by
Steven Rubin
To account for persistent inflation and higher fuel prices, the IRS raised some of the standard mileage rates taxpayers may use to calculate the deductible costs of operating cars, vans or trucks for business, charitable, medical or moving purposes during the final six months of 2022. Taxpayers also have the option to calculate these deductible […]
Posted on September 20, 2022
by
Melissa Fleitas
Under recent guidance issued by the IRS, retirement plans, including 401(k)s, certain 403(b) plans and individual retirement accounts (IRAs), have additional time to adopt required amendments incorporating new legislation introduced in 2019 and 2020. The new deadline for non-governmental calendar-year plans to adopt these amendments has been postponed from December 31, 2022, to December 31, […]
Posted on September 15, 2022
by
Sandi Perez
In this episode Director of Family Law Forensics Sandi Perez explains how couples in divorce situations can benefit from financial analysis and investigations.
Posted on September 13, 2022
by
Joanie Stein
The 2019 passage of the SECURE Act ushered in a new rule requiring certain beneficiaries of inherited individual retirement accounts (IRAs) to empty those accounts and pay the taxes due within 10 years of an original owner’s death. While the law made it clear that non-spouse beneficiaries cannot stretch out withdrawals from inherited accounts over […]
Posted on September 08, 2022
by
Angie Adames
On August 24, 2022, the Biden administration announced a three-point plan to cancel student loan debt for millions of eligible Americans and to extend the suspension of required federal student loan repayments that began at the start of the COVID pandemic. It is important taxpayers recognize that the plan does come with some restrictions and […]
Posted on September 07, 2022
by
Scott Bouchner
In cases involving economic damages, attorneys have an obligation to prove lost profits with “reasonable certainty” based on the use of “best evidence.” Considering that the courts have not agreed on one universally accepted standard for defining “best evidence,” such decisions inevitably rely on the facts and circumstances of each individual case. As a result, […]
In this episode Director of Assurance and Advisory Services Hector Aguililla describes quality of earnings reports and why they are so valuable to buyers and sellers in M&A transactions.
