It’s Smart Business to Create Clean Audit Trails
Whether or not your company is ever audited, maintaining a clean audit trail makes good business sense. A clear and supportable record of your firm’s routine and not-so-routine transactions can […]
Safeguards for Reducing Employee Theft
The U.S. Commerce Department estimates that American companies lose $20 billion to $40 billion annually to employee theft. It’s a huge problem, and small retail businesses tend to suffer disproportionately. […]
IRS Scrutiny of Unreasonable Salaries Likely to Continue
If your company is structured as an S corporation, you more than likely considered the tax advantages of this entity choice. But, as is the way of the world, tax […]