Posted on October 3, 2023
Accountants say beware of COVID tax refund scams
'Pop-up' businesses claiming to get big, fast refunds can be bogus. Capital Region firms aren't immune. By: Rick Karlin, Times Union
Posted on July 17, 2023
Identifying, Tracking, and Valuing Cryptocurrency for Litigation Matters
Forensic accountants experienced in identifying, tracking, and valuing cryptocurrency are critical to developing strategy and defense in litigation matters related to money laundering, divorce, tax evasion, fraud, embezzlement, misrepresentation, and other financial crimes. As with traditional funds, crypto can be traced among parties’ accounts through bank statements, tax returns, disclosure on credit applications, statements of net worth, and disclosures on bankruptcy filings. The opacity of online transactions has also attracted fraudsters: the FTC reports that over 46,000 people have lost more than $1B in crypto since January 2021. Whether you are a plaintiff, defendant, or government agency, you need a skilled forensic accountant experienced in handling cryptocurrency cases.
Posted on May 9, 2023
Modern finance goes leaner
Technological advances and business model innovations mean that companies are increasingly equipped to do more with less, especially when it comes to the finance function. As a result, CFOs have been running leaner and meaner departments over the years, focused less on mundane tasks and more on strategic planning and business development.
Posted on April 19, 2023
BST’s internship program growing
In response to the pandemic, inflation and an economy that may be inching toward recession, internship programs continue to face the chopping block across multiple industries. To BST, investing in interns is an investment in the company’s future, with many of its interns continuing on with BST as full-time employees.
Posted on April 17, 2023
How Forensic Accountants Can Assist in Healthcare Fraud Litigation Matters
Forensic Accountants can make or break a case in healthcare fraud litigation matters. Involving a forensic accountant in FCA matters is critical as they are able to analyze vast amounts of data and identify patterns and irregularities and summarize the data in a manner that is both understandable and supportable.
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Posted on April 3, 2023
BST & CO. Announces New Talent & Culture Advisor
BST & Co. CPAs, LLP, one of the Capital Region’s leading accounting and management consulting firms, today announced the appointment of Sarah Kessler as a talent and culture advisor for the Albany-based practice.
Posted on April 3, 2023
BST & CO. Announces New Marketing Strategist
BST & Co. CPAs, LLP, one of the Capital Region’s leading accounting and management consulting firms, today announced the appointment of Alyssa Salerno as a marketing strategist for the Albany-based practice.
Posted on March 9, 2023
BST & CO. APPOINTS DIRECTOR OF VALUATION, FORENSIC & LITIGATION DIVISION
ALBANY, N.Y., March 6, 2023 – BST & Co. CPAs, LLP, one of the Capital Region’s leading accounting and management consulting firms, today announced Sareena Sawhney as a director of the firm’s Valuation, Forensic Accounting & Litigation Support (VFL) team.
Posted on December 19, 2022
10 Accounting Terms Explained
Understanding accounting jargon is important to avoid misunderstandings and costly mistakes. We provide 10 examples of accounting jargon business owners and executives need to succeed.
Posted on December 19, 2022
4 Tips for Year-End Inventory
We offer four tips to help small businesses conduct year-end inventory effectively and capitalize on the latest tax strategies.
Posted on November 14, 2022
BST & CO. ANNOUNCES MERGER WITH O’CONNOR & O’CONNOR CPAS
ALBANY, NY, Nov. 16, 2022 – BST & Co. CPAs, LLP, one of the area’s leading accounting and management consulting firms, today announced a merger with O’Connor & O’Connor CPAs, an Albany-based accounting firm that has served clients in the Capital Region and beyond for more than half a century.
Posted on September 30, 2022
BST & CO. ANNOUNCES BOLD PLANS FOR OFFICE RELOCATION
ALBANY, NY, October 3, 2022 – BST & Co. CPAs, LLP, one of the Capital Region’s leading accounting and management consulting firms and a pioneer in outsourcing solutions, today announced that it is moving its Albany-based offices to 10 British American Boulevard in Latham in mid-November.
Posted on September 29, 2022
BST & CO. ANNOUNCES SERIES OF PROMOTIONS
ALBANY, NY, September 8, 2022 – BST & Co. CPAs, LLP, one of the Capital Region’s leading accounting and management consulting firms, today announced a series of promotions within several departments.
Posted on September 29, 2022
BST & CO. WELCOMES BACK SEASONED TAX PARTNER
ALBANY, NY, September 27, 2022 – BST & Co. CPAs, LLP, one of the Capital Region’s leading accounting and management consulting firms, today welcomed back Dawn Doherty as a partner within the firm’s tax department.
Posted on September 12, 2022
Simplifying the New Lease Standard
The new lease accounting standard is effective for fiscal years beginning after December 15, 2021 for nonpublic organizations; so it’s essential that businesses start planning now if you haven’t already.
Posted on August 4, 2022
Cash vs. Accrual Accounting: Which Is Better for Small Businesses?
Small businesses need to understand the differences between cash-basis accounting and accrual-based accounting to determine which method will benefit them most.