Running a successful restaurant requires a blend of great food, service, and operational efficiency. To understand how well your restaurant is performing and identify areas for improvement, tracking Key Performance Indicators (KPIs) is essential. KPIs can be used to...
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Tax Relief Updates for North Carolina Residents Impacted by Hurricane Helene
As North Carolina continues its recovery efforts following the devastating impact of Hurricane Helene, important tax relief measures have been introduced to aid residents and businesses affected by the storm. Both the Internal Revenue Service (IRS) and the North...
Tech’s Top Cyber Risks
As technology advances, so do the strategies employed by cybercriminals. A particularly pressing concern today is the rise of Generative AI, which is enabling cyberattacks to become more sophisticated and widespread than ever before. Generative AI empowers threat...
Beneficial Ownership Reporting
Updated August 2024 Beginning January 1, 2024, millions of entities registered to do business within the US will become subject to the new Beneficial Ownership Information (BOI) reporting requirements. The Financial Crimes Enforcement Network (FinCEN) has been tasked...
Strategies for Food Manufacturers in 2024
In an economic landscape marked by inflationary pressures, evolving consumer preferences, and thinning profit margins, food manufacturers face a myriad of challenges that demand strategic adaptation and innovation. As the stewards of financial health within their...
Retail Tips for a Successful Back-to-School Selling Season
As the summer season comes to a close and families start their back-to-school (BTS) shopping, retail’s second busiest season of the year comes at a time when there are extraordinary pressures within the economy that we have not seen in quite some time. Surging...
Key Takeaways from EBSA’s 2023 Report on Employee Benefit Plan Audits
In November of 2023, the US Department of Labor’s Employee Benefits Security Administration (EBSA) released a report, Audit Quality Study, which is an evaluation of the audit work carried out by independent public accountants on employee benefit plans that are...
Understanding the Impact of Workforce Reductions on 401(k) Plans
Employee turnover often triggers a wave of issues for a company and its human resources department. Even 401(k) retirement plans — one of the most sought-after employee benefits — can be impacted when a substantial number of employees are involuntarily terminated....
Navigating the Tax Implications of Opening or Expanding Your Retail Business
Opening or expanding a retail business can be an exciting endeavor filled with opportunities for growth and success. However, amidst the hustle of launching new products, attracting customers, and managing operations, it’s...
Healthcare Security in 2024: The Cyberthreat Landscape
Healthcare providers are increasingly in the crosshairs of potentially catastrophic ransomware attacks and data breaches. Locked out from critical files and information, cybercriminals hold the organization hostage while demanding a payment in exchange for a...