Adding a Forensic Accountant to Your Divorce Team

forensic accounting

In the United States, a divorce occurs every 13 seconds. Unfortunately, that seemingly shocking statistic likely surprises very few people. When you think about divorce you probably associate it with words like “messy”, “stressful”, and “sad”. But what makes a divorce so messy? Sure, there are loads of emotional aspects to a messy divorce, yet…

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Budget Analysis and Your Small Business

budget analysis

Budgeting is something that most adults take into account when making financial decisions. From a personal perspective, creating a budget is practical and commonplace. So, should the approach to budgeting differ at all as it relates to a business? How important is a budget to a company’s overall functionality? And are financial forecasting and budgeting…

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Is It Time To Start Outsourcing Accounting Services?

outsourcing

Entrepreneurs across every industry share a number of character traits that make themselves, and their businesses, successful. From being relentlessly hardworking to maintaining a constant push towards innovation, running a company well requires a specific type of person and a specific set of principles. One of the more surprising and universal traits of an effective…

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Technology’s Role in Transforming Accounting

technology

From artificial intelligence to robotic process automation to blockchain, technology has seen a greater shift in the last decade than ever before. Big data has trickled its way into nearly every industry in the world and its impact has been profound. Sure, those facets of technology may seem irrelevant to accounting, but they are actually…

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7 Tips for Effective Succession Planning

succession planning

Research estimates that more than 66 percent of companies lack any type of formal succession plan for their organizations. But in today’s fast-paced, constantly-evolving markets, establishing a succession plan is critical for success in the present and in the future. Massaging talent to eventually fill leadership roles means positioning a company to retain their talent…

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The Value of Tax Planning for a New Business

Tax Planning

Over 600,000 new businesses are formed each and every year. Whether financed with personal funds, bank loans, or even borrowing from family and friends, starting a business is no easy feat. The success of new businesses varies significantly with fluctuations in the economy, but there are certain inevitabilities that remain. From raising money to developing…

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Should I Hire a Forensic Accountant for My Divorce?

divorce

Finances play a major role in both the beginning and, if applicable, the end of a marriage. When a couple makes the decision to split up, determining how to divide the marital property is by and far the most complicated, critical aspect. The accumulation of assets and debts throughout the duration of a marriage lays…

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Do I Need an Annual 401K Audit?

401K Audit

No one in charge of their company’s annual 401K Audit has ever used the words “easy” or “fun” to describe the annual 401K audit process. However, with the proper guidance and knowledge the process can be smooth and stress free. Offering a 401K plan to employees is a great way to attract talent to a…

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The Undisputed Value of an Expert Witness

Expert Witness

A lawsuit of any nature is built upon facts and each side’s ability to present those facts in a convincing manner. When the facts involved in a lawsuit are particularly complex or difficult to understand, an expert witness is often called upon to lend their acute knowledge of the subject matter. From education to experience…

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