Posted on February 7, 2024
Is your brand visible to the right audience?
While on vacation recently, I was looking for a bike to rent and noticed tourists riding a certain brand of bike. It turns out the name on the bike was not the brand of the bike but of a local business. How smart of business to brand the bikes seen by tourists. It got me thinking about my own business and where my brand is visible.
Posted on January 24, 2024
Beneficial Ownership Information Reporting – What You Need to Know
A new filing requirement took effect January 1, 2024, which may affect you if you own a company now or in the future.
Posted on December 4, 2023
Top Five Frauds: Beware and Prepare
As fraudsters leverage increasing opportunities for criminal gain, surveillance and prevention efforts need to keep pace. Understanding which top fraud trends will continue in 2024 allows organizations and individuals to effectively beware and prepare themselves to avoid being caught off guard.
Posted on August 4, 2022
Why You Must Keep Your Eyes on KPIs
Key performance indicators, or KPIs, are critical tools to monitor business health. With Sage Intacct, you can measure and visualize customized KPIs to inform better and more timely decision-making.
Posted on August 2, 2022
Small Businesses May be Eligible NY Tax Credits for COVID-19 Expenses
Enacted as part of New York’s 2022-2023 fiscal budget, a COVID-19 Capital Costs Tax Credit Program (Program) offers $250 million financial assistance to New York State “small businesses”, available on a first-come, first-served basis, which were burdened with a wide range of operational costs incurred due to the COVID-19 pandemic.
Posted on February 7, 2022
Small Business Budgeting During and After COVID-19
The pandemic makes it more important than ever for small businesses to review their budgets on a quarterly basis and update them to keep pace with rapid changes.
Posted on January 21, 2022
BST wins ClearlyRated's Best of Accounting award
Winners of the prestigious Best of Accounting award receive client and employee satisfaction scores that are almost double the industry average, proving that they truly stand out amongst competitors for providing a remarkable client and employee experience.
Posted on January 5, 2022
Get Ready for Taxes: Here’s What's New and What to Consider When Filing in 2022
The IRS recently issued guidance about topics related to filing individual tax returns in 2022. Here are some key items for you to know.
Posted on December 13, 2021
Year-End Planning for Businesses
With year-end approaching, it is time to start thinking about moves that may help lower your business’s taxes for this year and next. This year’s planning is more challenging than usual due to the uncertainty surrounding pending legislation that could increase corporate tax rates plus the top rates on both business owners’ ordinary income and capital gain starting next year.
Posted on December 13, 2021
Year-End Planning for Individuals
With year-end approaching, it is time to start thinking about moves that may help lower your tax bill for this year and next. This year’s planning is more challenging than usual due to the uncertainty surrounding pending legislation that could, among other things, increase top rates on both ordinary income and capital gain starting next year.
Posted on December 8, 2021
Test Your 1099 Knowledge
Issuing 1099s can be a hassle for small businesses. The recent shift to Form 1099-NEC makes it especially important to test your knowledge ahead of 2021 tax filing deadlines.
Posted on December 7, 2021
Basic 1099 Filing Requirements 2021
Click here to read the latest 1099 Filing Requirements.
Posted on November 9, 2021
Anti-fraud Controls at Organizations
Proactive anti-fraud controls play a key role in an organization’s fight against fraud. While the presence of these mechanisms alone does not ensure that all fraud will be prevented, management’s commitment to and investment in targeted prevention and detection measures sends a clear message to employees, vendors, customers, and others about the organization’s anti-fraud stance.
Posted on November 9, 2021
Internal Control Weaknesses that Contribute to Occupational Fraud
Various factors can facilitate a perpetrator’s ability to commit and conceal fraud schemes at organizations.
Posted on November 9, 2021
Behavioral Red Flags of Fraud
Recognizing the behaviors displayed by fraudsters can help organizations more effectively detect fraud and minimize their losses from the misappropriation of corporate assets.
Posted on November 9, 2021
The Fraud Landscape in 2021 and Beyond
The Covid-19 pandemic has affected the level of fraud and how organizations are tackling it. The Association of Certified Fraud Examiners (“ACFE”) in its report, The Next Normal: Preparing for a Post-Pandemic Fraud Landscape, found that 51% of organizations polled have uncovered more fraud since the pandemic began.