Balance sheets and income statements get all the attention. But the less popular statement of cash flows can be a powerful management tool, if you know how to interpret it…
Have you received a text, letter, email or phone call purporting to be from the IRS? Don’t become the victim of a scam. Here’s what you should look out for.
With the annual federal gift tax exclusion, you can transfer substantial amounts free of gift taxes to your children and others. Here are the basic rules.
If you suspect someone of hiding assets to escape legal or financial responsibilities, don’t try to find them on you own. Fraud experts have proven methods of getting to the truth. We look at a few of them.
Does your business report any assets at fair value? Are these estimates reasonable? Here’s how a valuation specialist can help management meet its financial reporting responsibilities and ensure adequate controls over these measurements.
Dividends paid out by corporations are taxable to shareholders and can’t be deducted by the corporation. But there may be ways to get cash out of your corporation without dividend treatment. Here are five ideas.
You may think your nonprofit has a good rationale for taking out a loan. But banks may not agree. Here’s how to find a lender that will offer reasonable rates and terms.