Is it really necessary to keep a mileage log?
201601.27
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Is it really necessary to keep a mileage log?

Is it really necessary to keep a mileage log and what is the best way to do that? Tom was recently audited by the IRS and the largest deduction on his tax return was business mileage. The agent requested a mileage log which Tom did not have. He attempted to recreate the documentation for business…

Cash Flow Management
201601.20
0

Cash Flow Management

Cash flow management is the life blood of any organization, from the smallest one person entity to the largest corporations in the world. This is not a news flash, but sometimes organizations loss focus on this most important fundamental. Cash flow management gets overlooked for a variety of reasons. Perhaps an organization has a specific…

Fraud risks and prevention in your non-profit
201601.20
0

Fraud risks and prevention in your non-profit

Fraud in a non-profit is particularly damaging for the organization. Non-profits must maintain the trust of their grantors and donors by being good stewards of the funds with which they have been entrusted. When fraud occurs at a non-profit, donations plunge and grantors start to look elsewhere to find the services they require. Without the…

Fraud risks and prevention
201301.31
0

Fraud risks and prevention

Fraud can be distilled into three main categories, the taking of money, the taking of tangible assets or the taking of time. Money and tangible assets are at risk whenever there is a transaction with a third party. Time is at risk while your employees are at work. First, let me share a couple of…