Frazier & Deeter is proud to announce that as of January 1, 2010, Seth McDaniel, CPA has been elected as Managing Partner of the firm. Seth joined Frazier & Deeter in 2004 and brings more than 18 years of public accounting experience to our clients. Since joining Frazier & Deeter, Seth led the Assurance Practice at F&D, which has experienced tremendous growth over the past several years. We are excited to see where he takes Frazier & Deeter in 2010 and beyond! Click below to read the full article.
FRAUD & YOUR ORGANIZATION: You Don’t Have To Be a Victim
According to the Association of Certified Fraud Examiners, typical businesses - including nonprofits - lose from 5 percent to 6 percent of annual revenue to occupational fraud. Click below to read more about the types of fraud that typically occur in nonprofits and to learn the steps you can take to protect your organization from fraudulent activity.
Spotlight On New Partners: Barbara Borczak and Billy Daniel
Frazier & Deeter is proud to announce that Barbara Borczak, CPA and Billy Daniel, CPA officially became Partners of the firm as of January 1, 2010. Barbara and Billy bring a tremendous amount of experience and expertise to our clients and we are proud to have them as members of our leadership team. Click below to learn more about Barbara and Billy and how they may be able to assist you or your organization.
Mandatory Electronic Filing of Form 5500 for Pension/Welfare Plans and Direct Filing Entities Effective January 1, 2010
Beginning January 1, 2010, all pension and welfare plans and Direct Filing Entities (DFEs)that are required to submit an annual return/report under Title I of ERISA (Form 5500 or Form 5500-SF) for plan years beginning on or after January 1, 2009 must file electronically using EFAST2, an all-electronic filing system. Click below to read more about how you or your organization may be efffected.
When I receive a call from an attorney asking me to assist in the financial aspects of a divorce, I know my assignment may be much more than that. Finding and tracing the assets to create a marital balance sheet or determining the tax consequences of a divorce is what accountants do well. However, there is another aspect of the divorce process that is frequently overlooked, especially by financial professionals.
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Frazier & Deeter is proud to announce that as of January 1, 2010, Seth McDaniel, CPA has been elected as Managing Partner of the firm. Seth joined Frazier & Deeter in 2004 and brings more than 18 years of public accounting experience to our clients. Since joining Frazier & Deeter, Seth led the Assurance Practice at F&D, which has experienced tremendous growth over the past several years. We are excited to see where he takes Frazier & Deeter in 2010 and beyond! Click below to read the full article.
According to the Association of Certified Fraud Examiners, typical businesses - including nonprofits - lose from 5 percent to 6 percent of annual revenue to occupational fraud. Click below to read more about the types of fraud that typically occur in nonprofits and to learn the steps you can take to protect your organization from fraudulent activity.
Frazier & Deeter is proud to announce that Barbara Borczak, CPA and Billy Daniel, CPA officially became Partners of the firm as of January 1, 2010. Barbara and Billy bring a tremendous amount of experience and expertise to our clients and we are proud to have them as members of our leadership team. Click below to learn more about Barbara and Billy and how they may be able to assist you or your organization.
Beginning January 1, 2010, all pension and welfare plans and Direct Filing Entities (DFEs)
Almost no one thought the federal estate tax would really be repealed. But Congress failed to act and so for one year, the United States currently does not have an estate tax. (But it is scheduled to come back with a vengeance next year.) This confusing mess has led to several questions: Will Congress reinstate the tax retroactively? Would that be unconstitutional? Should you change your estate planning documents? Is there still a gift tax? Here are some answers to questions you may have now, as well as some steps you might want to take.
Can a vacation home that you've rented out and also used as your personal residence be traded for another vacation home in a tax-deferred Section 1031 exchange? Under the right circumstances, the answer is "yes." The IRS has even issued guidelines for how to do it. This article explains how to qualify for IRS-approved exchanges of "mixed-use" vacation properties, which are homes you rent out part of the time and also use part time for personal purposes.
Transitions can cause rebellion and resistance among even your most valuable employees. So if you are planning any changes to your business, take some time to involve everyone and allow for discussions. Here are a few tips to help smooth the bumps.
Performance evaluations can be a tough problem. You want to trust your managers to handle them well, but you may worry that they don't take evaluations as seriously as you'd like or they let personal feelings influence their reports. Click "Full Article" to find out how to get a second opinion.
