Surprise Audits are Proven to Fight Fraud
According to the Association of Certified Fraud Examiners (ACFE) in their “Occupational Fraud 2024: A Report to the Nations,” four antifraud controls are associated with at least a 50% reduction in both fraud loss and duration: financial statement audits, reporting hotlines, surprise audits, and proactive data analysis. Interestingly, the study found that surprise audits and […]
Essential Tax Responsibilities When Closing Your Business
Despite improvements in various economic sectors this year, rising living costs and other economic factors have led many businesses to close. If you’re facing this situation, we can assist you with managing the various tax responsibilities involved. Filing the Final Tax Return When closing a business, you must file a final federal income tax return […]
