Articles
- Fifty Shades of Fraud: Part Three
By Ben P. Lee, CPA, CFE, CFF, CGMA, CGFM, CGFO Managing Member, Coastal CPAs, LLC In Parts I and II I discussed cases that I had investigated and served as an expert witness. In this article I will discuss how to deter fraud in your... read more
- Beyond Fraud: How experienced forensic accountants can help your bottom line
The controller of a manufacturing plant noticed that his financial statements showed the company was doing well and making money, but his bank statement said they were broke. The controller asked me: “How can we have this paradox? If our... read more
- Tips for Young People Who are Moving Out for the First Time
Moving out of the home for the first time is an exciting time for young people. It’s a milestone moment that you will likely never forget, and it can open the door to opportunities that help you find yourself and your purpose. In many ways,... read more
- Businesses Should Review Depreciation Deductions Rules
Businesses should know the tax rules for deducting depreciation on certain property. This deduction can benefit eligible business taxpayers. The Tax Cuts and Jobs Act made changes to the rules around depreciation that will affect many businesses.... read more
- Keeping up with the Joneses in the Robotic Age
Information overload, lack of good information, and not finding time to sort through the garbage are frequent complaints I hear from accountants. However, it is imperative for firm growth and streamlining to know what the technology ecosystem has... read more
- Quick-Start Guide to CPA Firm Succession Planning: 5 Crucial Areas
Well begun is half done. -Aristotle Succession planning sneaks up on a lot of CPAs. It’s one of those areas that has some uncertainty around it which causes procrastination, but there is a giant silver lining in succession planning. When an... read more
- April is Financial Literacy Month
Financial Literacy is necessary knowledge to make financially responsible decisions that are integral to our everyday lives. The ability to manage personal finances is an essential skill for survival in an increasingly complex financial world... read more
- Legislative Update – March 2019
Georgia The 2019 legislative session began on January 14, 2019, the second Monday in January. Crossover day was on Thursday, March 7 (28th legislative day) which is the deadline for all bills to crossover from one house to the other. If a bill... read more
- Avoid HIPAA Noncompliance Penalties by Consulting ERISA Counsel
Noncompliance with government regulations can occur simply by lack of understanding the finer points of those regulations. For example, it’s simply impossible for a quick read of ERISA to give you all the information you need to avoid HIPAA... read more
- Medicare Part D Disclosure Notices May Be Required for an HRA. What About Health FSAs?
Medicare Part D helps millions of Americans pay for self-administered prescription drugs. Some people who are eligible for Medicare Part D work for companies that offer at least one health reimbursement arrangement (HRA). Those same employers may... read more