Segregation of Duties
CustodyReconciliation Authorization Recordkeeping The concept of segregation of duties, splitting up responsibilities between different people, is a very important part of an organizations anti-fraud programs and controls. Many times, the concept of segregation of...
Gas Prices Soaring!
Gas prices in the United States have been soaring during 2022 and the IRS has noticed. Due to a $1.15 increase to the average price of a gallon of gas since December 2021, the IRS has increased the standard milage rate to 62.5 cents per mile up from 58.5 cents per...
Tax Season in Full Swing
Tax season is in full swing for 2021 returns. While the 2020 tax year was hectic and unpredictable, there is hope for 2021. To keep your return moving through the “IRS machine” there are a few things to keep in mind when filing your 2021 tax return. File...