Month: May 2016

New Study Confirms the Prevalence and Cost of White Collar Crime

For 20 years, the Association of Certified Fraud Examiners (ACFE) has been publishing studies every two years to raise awareness of occupational fraud, and the role strong internal controls can play in limiting these schemes. The 2016 Report to the Nations on Occupational Fraud and Abuse covers more than 2,400 cases of white collar crime, occurring in more […]

Posted In: Business

Summarize Sales with the Sales Receipt Form in QuickBooks

Many businesses rely on a cash register or customized software to track daily sales transactions. Since most are likely to record checks and other financial transactions in QuickBooks, they need to quickly bring the data from both systems together. If the front-end “point of sale” system has an integration tool available, sales results can be imported […]

Posted In: Quickbooks

Made in America: The Pursuit of Life, Liberty and Global Opportunities

  This election season, Republicans and Democrats don’t seem to agree on much. But 95% of voters — regardless of which U.S. presidential candidate they favor — support American-made products. The vast majority of Americans also favor training programs, trade enforcement, tax incentives and a national strategy to support U.S. manufacturing, according to the Alliance for […]

Posted In: Business

Are You Using Chip Credit Cards Yet?

The major U.S. card companies — including Visa, MasterCard, Discover and American Express — voluntarily imposed a shift of liability for counterfeit “card present” transactions that went into effect for most merchants on October 1, 2015. (Gas stations with automated fuel dispensers have until October 1, 2017, before their liability on counterfeit cards will shift.) As […]

Posted In: Business

Navigating the Social Media Minefield

Social media sites such as Twitter, Facebook, LinkedIn, YouTube, Imgur and blogs can be powerful business tools. But they also carry risks, including inadvertently disclosing corporate trade secrets or engaging in behavior that can harm your company’s reputation.  Crossing the Line When it comes to social networking, unexpected situations come up for employers. For example: A […]

Posted In: Business

Don’t Treat Your Family Business as a Royal Dynasty

Long ago, in some countries, kingdoms used to be passed to the oldest child — and often, the oldest male. While this may have had advantages in ancient monarchies, it has no place in family businesses. In the case of family-owned businesses, it is still sometimes the practice to install the oldest child, and the oldest […]

Posted In: Business

How to Create an Effective Small Business Website

National Small Business Week runs from May 1 through May 8. More than half of Americans either own or work for a small business, and these entities create about two out of every three jobs in the United States each year, according to the U.S. Small Business Administration. Spice Up Your Tech-Based Marketing Mix Virtually all […]

Posted In: Business

Too Much Paperwork? What You Can Throw Away After Filing

Maybe it’s a good thing that the April 15th federal tax deadline coincides with the urge to spring clean. It feels good to throw out some of the financial records stuffing your filing cabinets. But before you head for the dumpster, make sure you’re not disposing of records you may need. You don’t want to be […]

Posted In: Tax Advisor, Tax Filing

Despite Expiration Date, Employers Should Continue to Use Form I-9

The U.S. Citizenship and Immigration Services (USCIS) announced that, until further notice is provided, employers should continue to use the current version of Form I-9, Employment Eligibility Verification, even though the form has a March 31, 2016 expiration date. Employers must complete Form I-9 for all newly hired employees to verify their identity and authorization to […]

Posted In: Business, Employees