Standard Business Mileage Rate Will Increase for the Second Half of 2022
The IRS recently announced that it will increase the standard mileage rate for qualified business driving for the second half of 2022. The adjustment reflects the soaring cost of gasoline…
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CMFO Roundtable Discussion Recording – June 14, 2022
On Tuesday, June 14, Bud Jones, Managing Partner of Nisivoccia and Jon Rheinhardt, CFO for Bergen County hosted a CMFO Roundtable discussion. Topics for discussion included How Ratings Agencies Review…
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New ACFE Study: Knowledge Is Power in the Fight Against Fraud
Every two years, the Association of Certified Fraud Examiners (ACFE) publishes a study detailing the costs, schemes, perpetrators and victims of occupational fraud. “Occupational Fraud 2022: A Report to the Nations”…
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Businesses: Prepare for the Lower 1099-K Filing Threshold
Businesses should be aware that they may be responsible for issuing more information reporting forms for 2022 because more workers may fall into the required range of income to be…
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Placing a High Value on a Construction Business Valuation
If you own or co-own a construction business, it’s likely your most valuable asset. But the question is, just how valuable is it? This is something you’ll need to contemplate…
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Inflation Enhances the 2023 Amounts for Health Savings Accounts
The IRS recently released guidance providing the 2023 inflation-adjusted amounts for Health Savings Accounts (HSAs). High inflation rates will result in next year’s amounts being increased more than they have…
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