Blog
When a valuation professional finds fraud
Imagine you’ve got your eye on a business that seems like an attractive investment or acquisition target. It boasts strong earnings, competitive growth estimates and a clean balance sheet. But this business has a secret: fraud. And fraud can dramatically change the...
Hurricane Ian may have spared Southeast Florida, but what about business locations in other parts of the state?
Hurricane Ian will go down in history as one of Florida’s deadliest and costliest storms of all time. The path of destruction it left in its path was devastating. In addition to washed out and flooded homes, businesses are shutdown, and financial burdens are ever...
IRS Extends Filing Deadlines for Businesses and Individuals Impacted by Hurricane Ian
Hurricane Ian has come and gone, but the devastation that was left behind has impacted residents and businesses in many ways. In its aftermath, many businesses will face challenging decisions, especially in responding to a loss event. On September 29, the Internal...
How to Handle Evidence in a Fraud Investigation at Your Business
Every business owner should establish strong policies, procedures and internal controls to prevent fraud. But don’t stop there. Also be prepared to act if indications arise that, despite your best efforts, wrongdoing has taken place at your company. How you handle...
Penalty Relief for Certain Taxpayers
Penalty Relief for Certain Taxpayers Filing Returns for Taxable Years 2019 and 2020 On August 24, 2022, the IRS announced it will grant automatic penalty relief for late-file penalties imposed on certain tax returns that were required to be filed for the 2019 and...
Highlights from the Latest ACFE Fraud Report
"Often times the fraud perpetrators are the most trusted and long-serving employees, and small family-owned enterprises are just as susceptible, if not more so, than larger organizations. Therefore, fraud education and awareness can be key to preventing or...
Biden Administration’s FY 2023 Budget Plan Calls for Corporate, High-Net-Worth Individuals Tax Hikes
The Biden administration’s fiscal year 2023 budget blueprint, released on March 28, consists of a mix of familiar proposals and brand-new initiatives that reflect the President’s policy objectives. The proposals are described in more detail in the General...
BBB is in the Rear-View Mirror; Next Up – Tax Extenders
While all signs point to the fact that, given the current makeup of the House and Senate, the Build Back Better bill on the table last fall is essentially lifeless, some of the policies contained in the bill may be back in play in 2022. A possible alternative path...
Why a Gifting Strategy Still Matters
At Fiske & Company, we have been fortunate to work with some clients and their families for several generations. It’s always exciting to see families grow and prosper and to help them through life’s major milestones, including marriage, children and even...
5 Ways to Take Action on Accounts Receivable
No matter the size or shape of a business, one really can’t overstate the importance of sound accounts receivable policies and procedures. Without a strong and steady inflow of cash, even the most wildly successful company will likely stumble and could even...
