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Planning for year-end gifts with the gift tax annual exclusion Individuals

Planning for year-end gifts with the gift tax annual exclusion

As we approach the holidays and the end of the year, many people may want…
ijaas
ijaasSeptember 13, 2021
Claiming a theft loss deduction if your business is the victim of embezzlement Business

Claiming a theft loss deduction if your business is the victim of embezzlement

A business may be able to claim a federal income tax deduction for a theft…
ijaas
ijaasSeptember 13, 2021
Best practices for reporting business-related T&E expenses Accounting

Best practices for reporting business-related T&E expenses

Many companies have resumed some level of business-related travel and entertainment (T&E) activities — or…
ijaas
ijaasSeptember 13, 2021
Give your staffers a break with an accountable plan Nonprofit

Give your staffers a break with an accountable plan

Accountable plans reimburse employees for work-related expenses free of federal income and employment taxes. So…
ijaas
ijaasSeptember 13, 2021
5 questions to ask about your marketing efforts Business

5 questions to ask about your marketing efforts

For many small to midsize businesses, spending money on marketing calls for a leap of…
ijaas
ijaasSeptember 13, 2021
Financial reporting issues to consider in “going private” transactions Accounting

Financial reporting issues to consider in “going private” transactions

In the midst of mounting inflation, supply shortages, geopolitical turmoil, threats of cyberattacks and continuing…
ijaas
ijaasSeptember 13, 2021
Want to find out what IRS auditors know about your business industry? Business

Want to find out what IRS auditors know about your business industry?

In order to prepare for a business audit, an IRS examiner generally does research about…
ijaas
ijaasSeptember 13, 2021
Your nonprofit may have an internal controls gap Nonprofit

Your nonprofit may have an internal controls gap

The typical defrauded not-for-profit loses $75,000 per fraud incident, according to the Association of Certified…
ijaas
ijaasSeptember 10, 2021
Expanding succession planning beyond ownership Business

Expanding succession planning beyond ownership

Business owners are regularly urged to create and update their succession plans. And rightfully so…
ijaas
ijaasSeptember 10, 2021
Does your employer provide life insurance? Here are the tax consequences Individuals

Does your employer provide life insurance? Here are the tax consequences

Employer-provided life insurance is a coveted fringe benefit. However, if group term life insurance is…
ijaas
ijaasSeptember 10, 2021
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