What are restricted funds?In the non-profit sector, restricted funds refer to a cash reserve that can only be used for specific projects or purposes. Funds may be restricted because...
Posted by BEST FINANCIAL GROUP LTD on 12/27/2021
Everyone that thinks criminals compromise their personal information can restrict all access to their credit report. You can do this by requesting a freeze by all three national credit...
Posted by Taxes Made EZ Inc on 11/30/2021
Tax professionals are increasingly targeted by cybercriminals who seek to steal taxpayer data and file fraudulent tax returns. Ensure you take the required steps to protect your clients'...
Posted by James Financial Services Inc on 11/11/2021
Here are tips on how to prevent criminals from accessing your Social Security number.Once potential identity thieves see your Social Security number, there is no way to keep your Social...
Posted by Pat Raskob on 08/06/2021
Financial abuse of the elderly population has increased, with financial institutions claiming to have quadrupled the number of such incidents between 2013 and 2017, according to the...
Posted by KLSM CPA Firm PLLC on 07/06/2021
What is banking reconciliation?A bank reconciliation statement is a document that compares the cash balance on a company's balance sheet with the corresponding amount on its bank...
Posted by Unifirst Financial & Tax Consultants on 05/18/2021
As a U.S. citizen or U.S. Resident Alien, you must pay taxes on your worldwide income. Suppose you are not a resident of the United States or its territories or have income in the...
Posted by James Financial Services Inc on 02/23/2021
One of the more intricate provisions of the Tax Cuts and Jobs Act (TCJA) is the new limitation of business interest expenses. At first glance, this limitation seems simple, but the...
Posted by Taxes Made EZ Inc on 10/30/2020
Scammers are everywhere haunting for your tax refunds. They have different tactics to rob unsuspecting victims of their hard-earned money. There are many helpful ways you can prevent...
Posted by The TaxAdvocate Group, LLC on 08/24/2020
