Monthly Archives: May 2015

Solid Internal Controls Can Help Fight Fraud

Employee fraud, theft and embezzlement are costly problems for all businesses. According to the Association of Certified Fraud Examiners, the typical organization loses 5% of its revenue to fraud each year. Ways to tighten controls An effective strategy for minimizing … Continue reading

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Deadline Looms On IRS Penalty Relief For Retirement Plan Returns

Last year, the IRS announced the launch of a one-year temporary pilot program to help small businesses that have failed to timely file certain retirement plan returns. Now the deadline for seeking relief is right around the corner. Small businesses … Continue reading

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FASB Changes Will Impact Not-For-Profit Accounting

The Financial Accounting Standards Board (FASB) recently released proposed accounting standards updates that could have a major impact on nonprofit organizations.  The first major update to the not-for-profit accounting model in more than 20 years is expected to “improve financial … Continue reading

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DMLO CPAs Champions Louisville Independent Business at Buy Local Fair

We made many new friends and memories at the LIBA Buy Local Fair! We were so pumped to be the Vendor Champion for an amazing group of local businesses. Louisville has such a unique vibe and energy, especially among startups and independent businesses. As … Continue reading

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