Richmond VA Accounting Services Blog | Rue & Associates

Blog

16
Oct

The GASB proposes new concepts

GASB presents proposals for improvements to the financial reporting model. The proposals aim to make the model more effective in providing information necessary for decision-making and assessing a government’s accountability. The proposed improvements include: A short-term financial resources measurement focus …

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12
Oct

Basic fraud warning signs

Fraud will always be a constant concern. Here are some red flags that experienced forensic accountants look for. Living beyond your means Signs that employees are living well beyond their means can be a clue that they’re helping themselves to …

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10
Oct

Three tax breaks that can benefit you in the long run

The tax overhaul that was rushed through Congress and enacted last year gave taxpayers little time to comprehend its changes. According to Mitchell Drossman, national director of wealth planning strategies at U.S. Trust “You have to be careful making permanent …

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08
Oct

Referencing the features of 401(k) plan

Management of fiduciary responsibility is a must for business owners who sponsor plans, including plan management, hiring and monitoring service providers, employee education, participant communication, administrative support, and plan design. It should come as no surprise that of all the …

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02
Oct

Federal Chairman Defends Hike Rise Policy

During the Jackson Hole symposium, Federal Chairman Jerome Powell expressed, “Inflation is near our 2 percent objective, and most people who want a job are finding one.” Powell anticipates stable interest rate increases to continue as the central bank aims …

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