Juggling Family Wealth Management Is No Trick

Juggling Family Wealth Management Is No Trick

Preserving and managing family wealth requires addressing a number of major issues. These include saving for your children’s education and funding your own retirement. Juggling these competing demands is no trick. Rather, it requires a carefully devised and maintained...
A Look At The Employee “Fraud Triangle” And Beyond

A Look At The Employee “Fraud Triangle” And Beyond

Occupational fraud continues to wreak havoc on businesses around the globe, with annual losses for the typical organization estimated by the Association of Certified Fraud Examiners at 5% of revenues. Fraud experts have long suggested that the presence of three...
Make Your Case With Audited Financial Statements

Make Your Case With Audited Financial Statements

When trying to grow their companies, business owners often find themselves having to convince others of the viability of their plans. As a contractor, you’re no different. Whether you need financing from your bank, greater bonding capacity from your surety or just the...
Reviewing Your Company’s Buy-Sell Agreement

Reviewing Your Company’s Buy-Sell Agreement

If you own a business and follow professional advice, you’ve likely established a buy-sell agreement in case you or a co-owner voluntarily or involuntarily leaves the company. Assuming this is true, remember that it’s not enough to draft an agreement and put it in a...
4 Tips For Donating Artwork To Charity

4 Tips For Donating Artwork To Charity

Individuals may want to donate artwork so it can be enjoyed by a wider audience or available for scholarly study or simply to make room for new artwork in their home. Here are four tips for donating artwork with an eye toward tax savings: 1. Get an appraisal....
Lease Accounting: Get Ready for a Major Overhaul

Lease Accounting: Get Ready for a Major Overhaul

For the past decade, the Financial Accounting Standards Board (“FASB”) and the International Accounting Standards Board (“IASB”) have been working on a joint project to improve accounting standards and minimize the differences between US accounting standards set by...