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Attending college or graduate school is one of the biggest investments you'll ever make — and spring is the time schools normally announce who's in and who's out. If you or your child (or grandchild) plans to attend an institution of higher...

Few things in life are certain, but when disaster strikes, the number of fraud incidents will probably skyrocket. In the wake of a hurricane, tornado, flood, fire, earthquake or other unexpected catastrophe, fraudulent operators are always quick to...

If you're reporting travel and entertainment (T&E) expenses on your tax return and you're audited, there's a good chance an agent will take a hard look at those items. Often the challenge won't be whether the expense was appropriate for the...

On a regular basis, most physicians have patients that refuse or forget to pay bills. Every business deals with this problem, but medical practices have their own unique set of problems with unpaid bills. First, you can't retrieve the...

As you plan your business strategy for the coming year, give some attention to the prices you're asking for your existing products and services, as well as those you plan to launch in 2016. Companies must address four issues when selling products...

If you are about to ask for a business loan, expect to deal with the issue of covenants -- constraints lenders impose on your company to keep it operating within specified financial ratios and to prevent it from taking certain...

Medical expenses can be costly — and they're not always covered by insurance. But there may be a silver lining: You may be able to claim an itemized deduction for the amounts you pay for medical, dental and vision care, if you incur enough...

This year's presidential election has drawn significant attention, but the elections you make on your 2015 personal tax return can be just as important to your financial welfare. Here's a list of 10 potential elections for individuals (including...

For federal income tax purposes, an unincorporated joint venture or other contractual or co-ownership arrangement under which several participants conduct a business or investment activity and split the profits is generally treated as a...

Taking costs out of a business can be deceptively easy to do -- at least initially. Cutting low-hanging fruit such as providing coffee in break rooms, consulting services, laying off temporary employees or removing a layer of management can result...

Giving to charity can provide you with a warm feeling as well as a nice tax break. But you've got to itemize deductions on your tax return. And, like most tax breaks, charitable deductions come with a number of rules you must follow to actually...

The first three Private Company Council-developed Accounting Standards Updates are effective for the first annual period beginning after Dec. 15, 2014, and interim periods within annual periods beginning after Dec. 15, 2015. Accordingly, many...

In an ideal world, work would come in without your having to fight for it or search it out. If your company isn’t in that favorable position right now, then do the next best thing – win more of the bids you do prepare. Fewer hours...

All managers know that communicating with the public is essential in every business. It’s important to remember that it can also be a powerful tool in differentiating your business and shaping the public’s view about you and your...

Unfortunately, the busiest and most profitable time of the year for retailers also attracts more than eager shoppers. Fraudsters, scammers and crooks ramp up their activities, seeking to skim a percentage of free-flowing dollars into their own...

Innovation is key in today’s rapidly changing business climate. Whether you’re thinking about new products and services or new internal processes, coming up with ideas to move the business forward can be a challenge. Brainstorming...

What makes an effective team? Extensive research has been conducted over many decades to identify the management practices that produce the most effective teams. The findings from that research can be distilled into key behaviors that can make you...

Determining the amount to compensate top leaders in a tax-exempt organization can be a daunting task, considering that tax-exempt and for-profit organizations compete in the talent pool. Although there are measures of a tax-exempt leader’s...

Practicing medicine today is increasingly challenging, and the pace of change isn’t getting any slower. To stay viable, practices have to face the challenges head on and develop strategies to thrive in a value-based payment environment. The...

The real estate market is rebounding, but a critical piece of the puzzle is missing – appraisers. Now rising demand for their services is revealing that there aren’t enough up-and-coming appraisers to take the place of those retiring...