AUDIT & ASSURANCE INSIGHTS
- June 5, 2023
- Accounting | Audit and Tax
The agile internal audit methodology was designed to maximize efficiencies and collaboration with a project’s stakeholders. Agile auditing helps teams put together audit plans…
- May 11, 2023
- Accounting | Audit and Tax
As the leader of a professional services organization, your company and its people rely on you to make decisions about the business. Metrics undoubtedly…
- April 25, 2023
- Accounting | Audit and Tax
The Profit & Loss (P&L) report is a window into your business, providing a means to seeing how your money comes in and where…
- April 4, 2023
- Accounting | Audit and Tax
Medical visits help us obtain reasonable assurance on the status of our health – when visiting a doctor, we can find preventative steps to…
- March 8, 2023
- Accounting | Audit and Tax
Frequently asked questions about the Shuttered Venue Operators Grant (SVOG) Sikich’s team of Shuttered Venue Operators Grant (SVOG) and federal grant audit specialists field…
- February 2, 2023
- Accounting | Audit and Tax
How to Correct a Frequent Error: Not Withholding the Proper Amount of 401(k) Deferrals Administering a 401(k) plan can be complicated and challenging, creating…
- December 19, 2022
- Accounting | Audit and Tax
Did you receive a Monitoring Action item in your SVOG portal? Monitoring is a regular and important part of all Federal grant programs. It…
- November 22, 2022
- Accounting | Audit and Tax | Technology
Annual payroll tax reporting is a necessary evil for all businesses and the year-end forms processing can be taxing, with the requirement that you…
- October 19, 2022
- Audit and Tax | Tax | Wealth Management
If you intend to take a Qualified Charitable Distribution (QCD) for your 2022 Required Minimum Distributions (RMDs), plan to do so by early December…
- October 19, 2022
- Audit and Tax | Tax | Workforce Risk Management
The security and protection of an organization’s high-profile employees should never be overlooked. Throughout our country’s history, people in the public spotlight have often…
- October 17, 2022
- Accounting | Audit and Tax | Tax
As macroeconomic conditions worsen, farmers and the broader agricultural sector are beginning to feel the effects of rising interest rates and inflation. The “Farmer…
- September 22, 2022
- Accounting | Audit and Tax
You applied for and received a Shuttered Venue Operators Grant (SVOG). Now that it’s time for an audit of those funds, how can you…
- August 22, 2022
- Audit and Tax | Tax
In recent months, several states have made changes to their laws concerning pass-through entity (PTE) taxes. These entities, by nature, maintain business structures that…
- July 29, 2022
- Accounting | Audit and Tax | Not-for-Profit | Tax
At our recent not-for-profit webinar, we covered commonly asked questions about Form 990 with finance leaders and board members across our footprint. Form 990…
- July 28, 2022
- Audit and Tax | Tax
Nearly a year ago, Congress embarked on a journey to push an infrastructure bill and a separate bill (“Build Back Better” – BBB) focused…
- July 28, 2022
- Accounting | Audit and Tax | COVID-19
The Shuttered Venue Operators Grant (SVOG) was provided to eligible for-profit entertainment businesses for COVID-19 relief. The federal grant – equaling more than $16…
- June 28, 2022
- Audit and Tax | Not-for-Profit | Tax
Starting July 1 for Indiana and just recently started on June 1 in Wisconsin, new sales tax changes were passed that will impact not-for-profit…
- June 8, 2022
- Accounting | Audit and Tax | Site Selection
While first imposed nationwide because of the pandemic, remote work has become an integral part of the economic landscape. It is uncertain, at this…
- May 17, 2022
- Audit and Tax | Tax
In an effort to enhance the existing SECURE Act (the Setting Every Community Up for Retirement Act), Congress looks to pass the SECURE Act…
- April 27, 2022
- Accounting | Audit and Tax | COVID-19
Although the Employee Retention Credit (ERC) was put into effect in early 2020, many organizations and businesses do not realize that they can still…
This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
