Nyc accountant, Manhattan Accountant & CPA Firm

Here are two questions to ask before incurring debt:
What are the benefits of taking on this debt? Avoiding all debt seems like good advice. But good debt can enhance your financial situation. For instance, loans that fund a college or graduate degree may result in a higher salary. That’s debt with a lasting...

When you change jobs and abandon vested amounts in your 401(k), your former employer has to follow IRS rules and plan provisions for dealing with your account balance. Pursuant to these guidelines, the 401(k) plan may have a “force-out” provision. That...

The 2016 Global Fraud Study released recently by the Association of Certified Fraud Examiners shows that asset misappropriation occurred in more than 83% of the cases reported. Asset misappropriation includes billing and check tampering schemes. According...

In May, the U.S.  Department of Labor updated the rules for paying overtime.  Under the new rules, salaried employees who earn less than $913 per week ($47,476 per year) will be eligible for overtime pay.  That’s double the annual exempt amount of $...