Business Owners

The Role of Forensic Accountants in Real Estate Litigation by Scott Bouchner, CMA, CVA, CFE, CIRA, and Fernando R. Diaz, MBA

Posted on December 11, 2024 by Scott Bouchner

Real estate litigation involving disputes over financial mismanagement, theft and fraud require detailed analysis of financial records using various techniques, tools, and computer software to uncover the facts and assist in a resolution. These reports and the expert testimony of forensic accountants are critical to helping attorneys build their cases. Financial malfeasance and fraud can […]

Podcast – BPB Knows Pre-Immigration Planning

Posted on December 05, 2024 by Arthur Dichter

In this episode, Director of International Tax Services Arthur J. Dichter, JD, LLM, explains the basics of pre-immigration tax planning, why starting early is essential and how individuals and families can prepare.

Surprise! Modifying an Irrevocable Trust is Possible by Sarah Gaymon, CPA

Posted on December 04, 2024 by Sarah Gaymon

As its name implies, the terms of an irrevocable trust are generally intended to be set in stone and, therefore, unchangeable without a costly legal battle. However, as time passes, individuals’ lives and circumstances evolve along with the passage of new laws, making decisions from long ago seem outdated, unsuitable and often contrary to grantors […]

Podcast – BPB Knows Dealing with a Ransomware Attack

Posted on November 21, 2024 by Brandon Bowers

In this episode, Director of Managed Cyber Solutions Brandon Bowers explains how companies can protect themselves from ransomware attacks and the steps business owners should take if they are impacted.

IRS Compliance Efforts Target Pass-Through Entities, Expand Use of AI in Tax Audits by Joseph Leocata, JD, CPA, MBA

Posted on November 01, 2024 by Joseph Leocata

The IRS recently launched a new unit committed to enforcing U.S. tax laws among pass-through entities, such as S corporations, partnerships and trusts, whose income passes from the business to its owner’s individual tax returns where taxes are due at the owners’ marginal income tax rates. The move is part of the agency’s broader focus […]

Piercing the Corporate Veil by Joel Glick, CPA/CFF, CFE, CGMA, and Jorge L. Guerrero, CPA, CFE, CAMS

Posted on October 30, 2024 by Joel Glick

It is well established that a legal entity created for the purpose of carrying on a trade or business is considered a separate and distinct legal entity from its owner(s) or shareholder(s). However, there are circumstances in commercial litigation when a plaintiff may pierce this corporate veil and hold the owners personally liable for the […]

UPDATED Podcast – BPB Knows the Corporate Transparency Act

Posted on October 17, 2024

UPDATED – On March 2, 2025, the Department of Treasury announced CTA will be narrowed to only foreign reporting companies. UPDATED – On December 3, 2024, a federal court in Texas ruled that the CTA is likely unconstitutional and prohibited its enforcement. This set off a review, injunction and follow-up hearing date in March […]

Understanding Trustees’ Fiduciary Accounting Responsibilities by Rick D. Bazzani, CPA

Posted on October 10, 2024 by Rick Bazzani

The people you name to administer your trusts play a pivotal role in protecting your assets. Not only do they have the fiduciary duties to make prudent investment decisions and manage the distribution of trust assets as specified in your trust agreements, but they are also legally responsible for ensuring beneficiaries receive a full accounting […]

Podcast – BPB Knows Trends in IRS Audits

Posted on October 03, 2024 by Joseph Leocata

In this episode, Senior Manager of Tax Services Joseph Leocata shares the latest trends in IRS audits and four good tips for individuals and companies who may be targets.

4 Things Your Accounts Payable Can Tell You About Your Business

Posted on October 03, 2024

As your business grows with new customers, products or service offerings, your expenses will likely increase. How you manage these liabilities can significantly impact your operation’s cash flow, credit ratings, risk of fraud and your relationships with vendors and suppliers. The key to ensuring a healthy financial picture is learning how to analyze your accounts […]

Category: Business Owners