IRS Flags Phishing and Smishing in 2024 Tax Scams Alert
The IRS warns of phishing and smishing as top threats in its 2024 “Dirty Dozen” tax scams list. These tactics use fraudulent emails or texts posing as the IRS to extract personal and financial data. IRS Commissioner Danny Werfel urges caution, emphasizing the IRS does not initiate contact via email or text for such information.
Audit Requirements for Licensure as a North Carolina General Contractor
When applying for licensure as a North Carolina general contractor, understand the requirements of the North Carolina Licensing Board for General Contractors (the Board), what questions arise at the mention of an audit or agreed-upon-procedure (AUP).
Form 990-Series: A Guide for Tax-Exempt Organizations
Tax-exempt organizations operating on a calendar year-end (December 31) are reminded to prepare their Form 990-series returns or secure an extension before the May 15th deadline. Timely submission is essential to uphold tax-exempt status and ensure compliance with IRS regulations.
For Franchises: Strategic Management Tools
In this article, we’ll outline types of strategic management tools for franchises and dive further into the various benefits.
How to Read and Rely on a SOC 1 Report as a Government Contractor Plan Sponsor of an Employee Benefit Plan
Understand how to read and rely on a SOC 1 report as a Government Contractor Plan Sponsor of an Employee Benefit Plan.
Can You Replace a SIMPLE IRA Plan with a 401(k) Plan Mid-Year?
There are several reasons to replace a SIMPLE plan with a 401(k) Plan. Learn how it can provide greater deferral limits, a vesting schedule for discretionary employer contributions, and plan design flexibility.
