Blog

When we talk to small business owners about enhancing their company’s efficiency, the discussion inevitably touches on employee performance reviews. This is often a moment of levity, as if we can hear Jerry Seinfeld’s voice, asking “And what’s up with...

How vulnerable are construction companies to fraud? Would you believe they suffer annual financial losses at almost twice the rate of other businesses? Last year, the Association of Certified Fraud Examiners released its Report to the Nations: 2018 Global...

At Breon & Associates, we believe that a strong ethical culture can protect your company from unnecessary losses due to liability and fraud. Naturally, an important ingredient in an ethical culture is the presence of ethical individuals. Thus, when you...

A company can only function at the highest level when its employees support its mission 100 percent and align their interests with the company’s. While it’s healthy and natural for employees to have outside interests, and many outside interests can even...

The Tax Cuts and Jobs Act of 2017 made huge changes to the U.S. Tax Code, which caught many taxpayers off-guard. You might have noticed a change in your refund from last year, and if you’re like the majority of filers who received a refund, it might have been less...

Recently, the Internal Revenue Service released its audit statistics for the fiscal year 2018, which revealed that the agency examined fewer taxpayer returns compared to previous years. The IRS audited just 0.59 percent of individual tax returns in 2018,...

While the Mad Men days of three-martini lunches are a quaint relic of the past, businesses still rely on wining and dining clients as a means of sealing deals. But, if you want to entertain a longtime client or a new prospect, you have to understand that...

If you own a business, you’re always looking for ways to lower your tax payments. And while the U.S. Tax Code is a helpful reference for allowable expenses, you might be surprised to find out it does not specifically list many of the business deductions...

At Breon & Associates, we often try to educate business owners about the importance of thorough internal investigations of deviant behavior within their organization. Not only can such steps root out bad behavior that violates company policy and...

The Federal Income Contributions Act imposes the responsibility on employers to deduct amounts from their employees’ paychecks to cover Social Security and Medicare tax. The organization must also match these employee contributions. Known collectively as...