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Recent News & Blog

  • The Chances of IRS Audit are Down But You Should Still be Prepared

    The IRS just released its audit statistics for the 2018 fiscal year, and fewer taxpayers had their returns examined as compared with prior years.

  • Consider a Roth 401(k) plan — and make sure employees use it

    However, despite the prevalence of employers offering Roth 401(k)s, most employees aren’t choosing to contribute to them. Perhaps it’s because they don’t understand them. If you offer a Roth 401(k) or you’re considering one, educate your employees about the accounts to boost participation.

  • Lean Manufacturers: Reap the Benefits of Lean Accounting

    Standard cost accounting doesn’t necessarily work for lean operations. Instead, lean accounting offers a simplified reporting alternative that generates more timely, relevant financial data. But it’s not right for every situation.

  • Buy vs. Lease: Business Equipment Edition

    Life presents us with many choices: paper or plastic, chocolate or vanilla, regular or decaf. For businesses, a common conundrum is buy or lease. You’ve probably faced this decision when considering office space or a location for your company’s production facilities.

  • Check On Your Refund — and Find Out Why the IRS Might Not Send It

    It’s that time of year when many people who filed their tax returns in April are checking their mail or bank accounts to see if their refunds have landed. According to the IRS, most refunds are issued in less than 21 calendar days.

  • Shore up your defenses against employment discrimination

    Many employers believe they’ve taken adequate steps to prevent employment discrimination. And yet, it happens.

  • Should Your Healthcare Plan be More Future-Focused?

    The pace of health care cost inflation has remained moderate over the past year or so, and employers are trying to keep it that way. In response, many businesses aren’t seeking immediate cost-cutting measures or asking employees to shoulder more of the burden.

  • Prepare for the worst with a business turnaround strategy

    Many businesses have a life cycle that, as life cycles tend to do, concludes with a period of decline and failure. Often, the demise of a company is driven by internal factors — such as weak financial oversight, lack of management consensus or one-person rule.

  • College financing may be an integral part of your estate plan

    The staggering cost of college makes it critical for families to plan carefully for this major expense, and in many cases grandparents want to play a role. As you examine the many financing options for your grandchildren, be sure to consider their impact on your estate plan.

  • 3 Essential steps to successful change management

    In good times, organizations often need to change to seize opportunities and keep up with demand. In bad times, they must change because, well, something has clearly gone awry. Whatever its cause may be, change can put great strain on an employer’s ability to accomplish its mission.

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