For many plan sponsors, it starts with a letter. You receive a notice that your retirement plan now has 100 participants, and you’re required to have an independent audit. This may be the first you’ve ever heard of an employee benefit plan audit, and here’s what you need to know: Who needs an employee benefit […]
Small Business
Internal Controls 101: What Your Auditor is Looking For
Most business owners assume an audit is about checking whether their numbers add up. But there’s a lot more to an audit than ensuring the accuracy of your financial reporting, and it all comes down to internal controls. Internal controls are the checks and balances your organization puts in place to mitigate risk and protect […]
Three Conversations to Have with Your CPA (That Aren’t About Taxes)
Most business owners only talk to their CPA between February and April. While it’s a no-brainer to communicate during tax season, the real value comes from the conversations you have the other nine months of the year. In fact, we meet with every business client at least quarterly. What do we talk about? From tax […]
What the One Big Beautiful Bill Means for Your Business
The One Big Beautiful Bill (OBBB) legislation represents an overhaul of the federal tax landscape, introducing dramatic changes to taxes, credits and deductions that will impact taxpayers across all income levels. And everyone from entry-level employees to Fortune 500 CEOs will be affected. The good news is that once you wrap your head around these […]
Why Cyber Criminals Love Small Businesses (And How to Make Them Think Twice)
Remember the big Target data breach a few years ago? Hackers didn’t just wake up one day and decide to attack the retail giant directly. Instead, they strategically planned and infiltrated a small HVAC contractor that serviced Target’s stores, using that access point to compromise over 41 million customer records. Cybercriminals continue to view small […]
Breaking Down The One Big Beautiful Bill for Businesses
Recently enacted tax legislation known as The One Big Beautiful Bill was passed by Congress and signed into law on July 4, 2025. This new legislation brings immediate relief in several key areas while creating strategic decisions that require prompt attention. Here’s a summary of the most critical provisions that may impact your business: Research […]