2024 Update on Retirement Plans: Impact of SECURE Act 2.0
The SECURE Act 2.0 is transforming retirement planning by encouraging savings, enhancing retirement plan rules, and reducing employer costs. GRF hosted the 2024 Update on Retirement Plans on May 16th, 2024, where we explored the significant changes introduced by the SECURE Act 2.0. The session provided a comprehensive overview of the new provisions aimed at…
Treating a Stock Purchase as an Asset Acquisition
When it comes to acquiring a business, stock and asset purchases have their advantages and disadvantages but there might be a way to combine the best of both worlds. This article explains how a Section 338 election might suit the interests of the buyer and the target company.
ACFE Study Finds Median Losses from Occupational Fraud Increasing
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 2024: A Report to the Nations” was recently released. It covers more than 1,900 cases of white-collar crime, occurring in 138 countries. Consistent with previous biennial studies, the 2024 report…
Sustainability 101
Alyssa Rade, Chief Sustainability Officer at Workiva Carbon (formerly Sustain.Life), provides a high-level overview of ESG and sustainability, and how to think about it from a business perspective. Presented at the GRF ESG Summit, April 24, 2024.
Brush Up on Campaign Contributions Rules
With campaign season gearing up, many individuals and businesses will be reaching into their wallets or otherwise making campaign contributions to candidates, political committees and parties. Before doing so, it’s critical to understand the rules for making contributions for federal and state elections. Violations could lead to steep financial penalties, as well as reputational damage….
GRF Celebrates Internal Audit Awareness Month
At GRF, we know and love the role of the internal auditor, but it’s not clearly understood by people outside the profession. To raise awareness and appreciation, the Institute of Internal Auditors (IIA) has designated May as Internal Audit Awareness Month! GRF is helping to spread the word. The IIA has some excellent resources designed…
Key takeaways from GRF’s 2024 ESG Summit
On Wednesday, April 24, 2024, GRF brought together a panel of leading industry experts to provide a comprehensive overview of ESG, including current trends and regulations for measuring, monitoring, and reporting on Environmental, Social and Governance (ESG) initiatives. The half-day summit was jam packed with actionable information and advice. Save the date! GRF’s ESG Summit…
Jackie Cardello Named Among America’s Top 200 CPAs by Forbes
Bethesda, MD – April 17, 2024 – GRF President Jackie Cardello has been named one of America’s Top 200 CPAs by Forbes, recognizing her outstanding contributions to the accounting profession. This prestigious accolade highlights her dedication, expertise, and commitment to client success. This inaugural list was created by Forbes to identify the most influential certified…
Installment Sales Can Be a Win-Win for Buyers and Sellers
For federal income tax purposes, an installment sale is when at least one payment of proceeds from an eligible sale is deferred until after the end of the tax year in which the sale occurs. This setup can be beneficial for a buyer that doesn’t have enough available cash to immediately pay the full purchase…