While many types of scams occur throughout the year, we generally see a spike in IRS scams during the primary filing season of January through April. IRS scams typically occur when an impostor pretending to work for the IRS contacts an individual by phone, e-mail, or...
Are you ready to embark on the exciting journey of starting your own business? Before diving into the process of setting up a legal entity, obtaining business licenses, signing leases, and securing loans, it's crucial to conduct a thorough self-assessment. Consider...
Introduction In the rapidly evolving landscape of cyber threats, the retail industry finds itself facing unprecedented challenges. The Internet Crime Report from the FBI's Internet Crime Complaint Center reveals a concerning escalation in potential total losses in the...
Introduction As the dawn of a new year unfolds, small business owners find themselves at a pivotal juncture — a moment to reflect on past achievements, learn from challenges, and strategically chart the course for success in the coming months. In this dynamic business...
The term "mom-and-pop shop" might conjure up images of cozy storefronts and familiar faces, but the impact of these small businesses goes beyond nostalgia. In the United States, they make up a staggering 99.9% of all businesses, embodying the essence of passion,...
The retirement plan industry holds over $37 trillion in total participant retirement accounts. Yet, the industry as a whole lacks a comprehensive system of cybersecurity laws and regulations to protect those assets. The Department of Labor (DOL) has issued guidance...
The holidays are rapidly approaching, and the holiday season is big business for retailers! Americans spent over $936 billion during the 2022 holiday season according to the National Retail Federation (NRF) which is impressive considering that it occurred amid...
The Holiday shopping season is here, and retailers will soon be navigating the annual Black Friday and Cyber Monday events. Stores will welcome thousands of visitors, most of which will be there to legitimately shop. However, there will most likely be a few bad actors...
In the highly competitive restaurant industry, finding ways to increase revenue and profitability is a top priority for restaurant owners and managers. One effective approach is to focus on increasing the average check size, which refers to the amount of money spent...
A Form 990 is the nonprofit tax form that details an organization’s activities and financial standing. This form not only justifies an organization’s tax-exempt status, but also reveals key information that charity-rating organizations and grant makers use when...