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Protecting your organization (and yourself) from cryptocurrency scams

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Investments tied to crypto and digital assets are by far the biggest threats facing individual investors in 2022. Given the exponential rise in reported crypto scams, awareness of the common types of scams and what kinds of things you can do to protect yourself from being cheated are more important than ever.

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How to Spotlight Issues in Your Firm Using Strategic Data Analytics

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A CPA firm—or any business, for that matter—generates an incredible amount of data each day. How do you know which data points to focus on? And what do you do with the information you glean?

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Change Management Series: Is Your Team Ready for Change?

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In this first article in our Change Management Series, we’re highlighting ways to prepare your team for change. Here are 10 best practices to follow.

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Is it time for a fractional expert?

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When your business or organization is growing quickly, a fractional expert is a cost-effective solution to getting financial expertise and guidance without having to siphon funding from other revenue sources. They can save your staff time and save your organization money.

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IRS Guidance on Virtual Currency

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As the topic of virtual currency continues to be on the minds of taxpayers, we at Abdo wanted to remind you that the IRS issued guidance on this topic back in 2019.

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3 Things Business Owners Should Do by January 31

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It happens every year: We celebrate the new year and then suddenly it’s mid-January. Thankfully, you still have time to complete a few must-do tasks—including the processing of Form 1099s by the January 31 deadline—before the month completely disappears.

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Could Your Food, Beverage, and Agriculture Business Qualify for the R&D Tax Credit?

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Although the R&D credit is for any U.S.-based business that develops, designs, or improves products, processes, formulas, or software—something food, beverage, and agriculture businesses do each day—many have yet to apply for it. Most business owners assume it is only for research labs or large corporations. But this is far from the truth.

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Understanding the Lease Standard: Preparing for the Update and How it will Affect Your Business or Nonprofit

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Join our team of experts as they walk you through the key features of the new FASB Lease Standard (Topic 842), what this ASU will mean for your business or nonprofit financial reporting, and how to ensure a smooth transition to this new compliance standard.

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Fraud in times of disruption

How to Mitigate Your Risk of Fraud in Times of Disruption

Any change can leave your business more vulnerable to fraud. So, how do you prevent fraud from taking hold during times of disruption? Here are a few things to consider.

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Why Welcoming Key Managers into Your Ownership Team Could Make Sense Right Now

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Your key managers are the people who keep your business afloat. They may also be the people to whom you plan to transition your business. If this is true for you, now could be an ideal time to act. Here are a few things to consider if you plan to explore this opportunity.

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