Advisory & Consulting

Is It Time to Choose Housing Options for Mom and Dad?

May 17, 2016

There are numerous options available when it comes to senior housing. But, making a decision can be very difficult on all family members. This article can help families understand the options available.

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Your Employee Handbook – It May be Time for a Tune-up

April 14, 2016

An employee handbook provides information on many different aspects of an individual’s employment, from making vacation requests and going on maternity leave, to performance reviews and termination procedures. When a certain situation arises, knowing the rules prevents surprises, confusion and resentment on both sides of the table.

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Making the Most of Your Company’s Financial Statements

April 4, 2016

A company’s financial statements tells the story of the business’ financial position and economic performance. In addition, they can help uncover money management irregularities and fraudulent activity. This article looks at some of the intricacies of the balance sheet, income statement, and statement of cash flows. A sidebar notes the difference between the LIFO and FIFO inventory reporting methods.

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To Catch a Thief

March 22, 2016

Tax-related identity theft can occur in a number of ways. First of all, a thief may steal someone’s social security number, then file a tax return and fraudulently claim a refund. In fact, during the 2014 tax filing season, the IRS suspected and stopped more than 3.6 million returns filed by such identity thieves. A victim of tax-related identity theft should work with the IRS to help remove any fraudulent, inaccurate information from their account and ensure that their actual return is processed correctly. This article will explain how to do just that.

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What’s the Tax Impact of Owning a Vacation Home?

December 16, 2015

For the lucky ones who own a vacation home, it can be a place to relax and recharge with family and friends. However, it can also impact their taxes, especially if they rent the home to others when they’re not using it. This article explains the rules under various scenarios.

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Court Finds That Plan Document Trumps Beneficiary Designation Forms

December 1, 2015

Plan documents generally control all aspects of a qualified retirement plan. Whether the plan document invalidates the language in other forms, such as a written beneficiary designation form, can lead to confusion and conflict. This short article summarizes a recent decision by the U.S. Court of Appeals for the Ninth Circuit resolving just such a case.

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