Latest Articles

 Bookkeeper Accused of Stealing $400K

July 2, 2014 

Bookkeeper Accused of Stealing $400K

A 65-year-old New Mexico woman is accused of stealing nearly $400,000 from her employer, including forging more than 200 checks and paying $30,000 in mortgage payments via electronic transfers from her employer's account.

NERprJune2014-chart1

July 2, 2014 

Report: 281,000 Jobs Added in June

U.S. private sector businesses added 281,000 jobs from in June according to the June National Employment Report, which is produced monthly by payroll and business services company ADP in collaboration with Moody’s Analytics.

 Small Business Retirement Plans: SEPs Take the Easy Way Out

July 2, 2014 

Small Business Retirement Plans: SEPs Take the Easy Way Out

Most of your clients who are small business owners are consumed with their day-to-day operations. They usually don’t have the time, nor the inclination, to devote to administering a qualified retirement plan for employees, even though they also will benefit from it personally. For these harried entrepreneurs, a Simplified Employee Pension (SEP), also called a…

Ken Berry, JD

 IRS Says that Idle ITINs Expire After 5 Years

July 1, 2014 

IRS Says that Idle ITINs Expire After 5 Years

The Internal Revenue Service announced on Tuesday that Individual Taxpayer Identification Numbers (ITINs) will expire if not used on a federal income tax return for five consecutive years. The IRS will not begin deactivating ITINs until 2016, however.

Isaac M. O'Bannon

business-analysis-iStock-000003923536XSmall1

July 1, 2014 

How to Spot a Biased Valuation

When lawsuits involving business valuation arise, both sides usually hire a valuation expert. Not surprisingly, the two opposing experts offer very disparate opinions as to the value of the subject company.

Isaac M. O'Bannon