Industries
Navigating the Potential Expiration of the Qualified Business Income (QBI) Deduction
The Qualified Business Income (QBI) deduction, introduced under the Tax Cuts and Jobs Act (TCJA) of 2017, stands as one of the most impactful changes for business owners in recent…
Unlocking the Full Potential of Auditors: Strategic Advisors for Private Companies
In the fast-paced and ever-evolving world of business, private company owners often wear multiple hats. From driving growth and managing operations to ensuring compliance and safeguarding assets, the demands are…
Inventory Management Best Practices to Benefit Financial Reporting
If your business has significant inventory activity, ensuring inventory records are accurate provides a strong foundation for accurate financial reporting. Accurate financial data enables businesses, their owners, and key stakeholders…
How Federal Agencies Can Overcome Common Challenges in Grant Management
Grant management is an important cornerstone of many federal agencies. Doing it well enables grant-funded organizations to provide essential services to populations that need them. But it’s not always easy.…
10 Transaction Monitoring Best Practices for Loan Guarantee Management
For loan guarantee programs, effective transaction monitoring helps mitigate risks, ensure compliance, and safeguard taxpayer interests. As regulatory environments shift and new challenges emerge, agencies will need to adopt robust…
How Federal Government Shutdowns Affect SBA Lending
Nearly all of us were following the news headlines or stories about the recent federal government shutdown and wondering when it would be over. While the duration and visibility of…
Preparing for an ERISA 103(a)(3)(C) Audit: A Guide for First-Time Plan Sponsors
Navigating an Employee Retirement Income Security Act (ERISA) 103(a)(3)(C) audit can be challenging, especially for plan sponsors who have never undergone a plan audit before. However, with proper preparation and…
Best Practices & Fiduciary Responsibilities for Employee Benefit Plan Sponsors
In today’s competitive job market, offering comprehensive employee benefit plans can be a game-changer for attracting and retaining top talent. However, sponsoring an employee benefit plan comes with a set…
Selecting the Right Service Providers for Your Defined Contribution Retirement Plans
In the complex world of Defined Contribution (DC) retirement plans, the selection of service providers for custodial and recordkeeping services is a critical decision that can significantly impact the plan’s…
Fraud Week is Here! Why Should You Care?
For the last twenty-four years, the Association of Certified Fraud Examiners (ACFE) runs a week-long campaign encouraging business leaders and employees to proactively take steps to minimize the impact of…