The chance of an IRS audit are low, but business owners should be prepared
Many business owners ask: How can I avoid an IRS audit? The good news is that the odds against being audited are in your favor. In fiscal year 2018, the IRS audited […]
IRS ALERT: Two New Tax Scams
The IRS remains on the lookout for tax scams that can blindside unsuspecting taxpayers. Now two variations of past scams are currently making the rounds. Here’s what you need to […]
Gilbert Announces New Shareholders
Gilbert CPAs is pleased to announce the continued growth of our firm with the promotion of two key leaders: Jennifer Z. Iwata, CPA, MST and John F. Bricher, CPA, as […]
Gilbert Inc. Adopts MindBridge Ai Auditor™
Gilbert is proud to announce the adoption of the MindBridge Ai Auditor™, an audit analytics software platform that maximizes audit assurance through the use of Artificial Intelligence. The MindBridge Ai […]
Save on Business Travel Costs While Nurturing Relationships
You may view corporate travel as a necessary evil. But you also know that successful companies thrive on relationships, and nurturing those relationships can require face-to-face contact with clients, vendors, […]
The Changing World of Internal Audit. Do You Make Use of its Expanded Role?
The internal audit function has evolved in recent years. The key role of a nonprofit’s internal auditors was once limited largely to testing financial and compliance controls and reporting their […]
Yes, a Benefits Plan Audit Could Happen to You
Many business owners worry about an income tax audit. But, if you sponsor an employee benefits plan, the IRS could audit it as well. Here are some common questions that […]
How Could This Fraud Have Been Prevented?
Joe Doe, a beloved associate program director, worked at a nonprofit social service agency for 15 years. When the executive director retired and he was passed over, Joe stayed on with […]
The Role of the Audit Committee
Your nonprofit’s audit committee has special responsibilities during an independent audit. This team is usually made up of board members and possibly others who are independent of the organization. The […]
How to Take the Stress Out of an Independent Audit
When you think of your next audit by an outside CPA firm, do you fear hearing words such as “unexplained differences,” “unsatisfactory explanation,” “noncompliant” and “we’ll need more time”? If […]