4 Business Functions You Could Outsource Right Now
One thing in plentiful supply in today’s business world is help. Orbiting every industry are providers, consultancies and independent contractors offering a wide array of support services.
SEK Admits Two New Members of the Firm
The Members of SEK are pleased to announce the following Managers were promoted to Member of the Firm effective January 1, 2019.
Providing Health Insurance to Employees Taking Military Caregiver Leave
An employer may occasionally receive a request for military caregiver leave. One question you may have under such circumstances is whether you must provide health insurance to the employee while on leave.
Want to Motivate Employees? Get Back to Basics
Motivation. It’s a relatively simple word, but encouraging it among your employees can be a challenge. Maybe that’s because, fundamentally, enthusiasm must come from within. It’s not something you can implant in someone externally.
Time to Celebrate! FASB Expands VIE Exception for Private Companies
The Financial Accounting Standards Board (FASB) recently gave private companies long-awaited relief from one of the most complicated aspects of financial reporting — consolidation of variable interest entities (VIEs). Here are the details.
Make Sure the Price is Right with Market Research
The promise of the new year lies ahead. One way to help ensure it’s a profitable one is to re-evaluate your company’s pricing strategy.
Automatic Extension Available for Making Portability Election
Portability allows a surviving spouse to apply a deceased spouse’s unused estate tax exemption amount toward his or her own transfers during life or at death.
Do Your Long-Term Customers Know Everything About You?
A technician at a mobility equipment supplier was servicing the motorized wheelchair of a long-time customer and noticed it was a brand-new model. “Where did you buy the chair?” he asked the customer. “At the health care supply store on the other side of town,” the customer replied.
Comply Carefully with the Laws Regarding Background Checks
A bad hire can lead to more than just disappointment. Disgruntled employees may draw bad publicity; file complicated, expensive lawsuits; and even disclose or destroy sensitive data. Many employers are adding background checks to their hiring processes for these reasons.
How to Prepare for Year-End Physical Inventory Counts
As year end approaches, it’s time for calendar-year entities to perform physical inventory counts. This activity is more than a compliance chore. Proactive companies see it as an opportunity to improve operational efficiency.