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Reconciling Your Bank Statements

Posted on November 01, 2017

The reconciliation of your organization’s bank accounts is a key financial process.  Ideally the bank reconciliation should be…

8 Ways To Prevent Expense Account Fraud

Posted on October 30, 2017

Your employees may be cheating your company by turning in bogus expense reports. While each of these transactions may be small,…

Succession Planning: Splitting Up The Pie

Posted on October 24, 2017

Often, the senior generation of a family business goes through the process of choosing one of its offspring as the successor to…

The Present And Future Of The Self-Employment Tax

Posted on October 24, 2017

If you're self-employed as a sole proprietor, partner or LLC member, you may owe the self-employment tax. The tax is the…

Utility Bills Can Unlock Secrets

Posted on October 19, 2017

During legal proceedings, such as a divorce or bankruptcy, it's often necessary to uncover money by conducting a financial…

Reputational Risk

Posted on October 18, 2017

When talking about risk within a nonprofit, it’s common to think of fraud risk - the areas within the organization that are…

Remember Business Basics When Paying Relatives

Posted on October 17, 2017

Paying family members wages, salaries and bonuses and dividing profits among them can be tricky. Fringe benefits, including…

Small Businesses Can Face Big Fraud Losses

Posted on October 17, 2017

Many people think small businesses are less susceptible to fraud than large corporations. That might seem like a reasonable…

SEPs: A Quick and Easy Retirement Plan Option

Posted on October 16, 2017

Setting up and maintaining a simplified employee pension (SEP) is probably easier than you think. The sooner you get started…

Intentionally Defective Trust Can Save Taxes

Posted on October 12, 2017

Under the right circumstances, an intentionally defective irrevocable trust (IDIT) can be an effective estate tax planning tool.…

Disclaimer: The information contained in Dulin, Ward & DeWald’s blog is provided for general educational purposes only and should not be construed as financial or legal advice on any subject matter. Before taking any action based on this information, we strongly encourage you to consult competent legal, accounting or other professional advice about your specific situation. Questions on blog posts may be submitted to your DWD representative.

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