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Form 5500 Schedule H: Fewer Plans will Require Audits Starting in 2023


While it is not common for regulatory compliance requirements to lessen over time, in February 2023, the Internal Revenue Service

Unveiling the Dark Side: How Bad Actors Harness the Power of AI


Artificial Intelligence (AI), with its transformative potential, has become a double-edged sword, empowering both positive advancements and, unfortunately, nefarious activities

Stock or Asset Purchase: Which is Right for You?


When determining the type of transaction, factors such as tax implications and potential liabilities are the foremost considerations. An asset

Can I Deduct Tax Loss?


When individual taxpayers have losses from flow through entities, the key question is whether or not the individual will have

The ABCs of CAS


Client Accounting Services (CAS) is one of the fastest-growing outsourced services available to small and growing businesses. CAS allows

Understanding the Lifetime Gift Tax




Gifting allows you to transfer wealth to your loved ones during your lifetime, enabling them to enjoy financial security.

Protecting Your Holiday Cheer: A Guide to Preventing Common Holiday Fraud Schemes




The holiday season is a time for celebration, joy, and generosity. Unfortunately, it's also a peak period for fraudsters

Centers for Medicare and Medicaid Services' (CMS) New Long Term Care Facility Staffing Requirements


On September 1st, 2023, CMS proposed the Minimum Staffing Standards for Long-Term Care (LTC) Facilities and Medicaid Institutional Payment Transp

Navigating the Digital Frontier: The Crucial Role of Vendor Risk Management


In today's fast-paced and hyperconnected business landscape, organizations rely heavily on outsourcing responsibilities to third-party vendors to streamline operations and

Year End is Quickly Approaching... Are you Prepared?


Fall is here. The trees are changing colors. Now is the perfect time to start working on your

What the New Auditing Rules on Accounting Estimates Mean For You


Statement on Auditing Standards No. 143: Auditing Accounting Estimates and Related Disclosures is effective for 2023 year-end audits. The standard

Update on the M&A Industry


In 2021 and 2022 the mergers - and - acquisitions market experienced tremendous activity with sellers experiencing record high multiples

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