Summing It Up listing page

3/11/24 Update: Change Healthcare Cyber Attack and Preparing for Its Effects
By Freed Maxick Healthcare Consulting Team on February 23, 2024

Update (3/11/24): Insurance Claims and Litigation Considerations for organizations impacted by the Change Healthcare cyber-attack The impact of the unfortunate cyber-attack upon Change...

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IRS Audit Risk Alert: IRS to Target ERC Promoters and their Clients

Newly proposed federal legislation will require ERC Promoters to disclose their clients to the IRS. This move increases audit scrutiny for all businesses, particularly those who sought...

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6 Steps to Future Proof Your Organization: Management Succession Planning for Nonprofits
By Holly Hejmowski, CPA on February 14, 2024

Not-for-profit organizations must make MSP a priority From the chair of the board to their newest volunteer, a not-for-profit (NFP) organization relies on people to promote its mission,...

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Why Accounts Payable Automation Could Be Right for Your Business
By Alexis S. Becker on January 31, 2024

APA can transform your internal financial operations Managing cash flow is a vital part of running a business. It can also be one of the most challenging. Accurate data on how much money a...

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Community Reinvestment Act and the Impact of the New Rule in 2024
By Katelyn Crowley, CPA on January 24, 2024

What is the Community Reinvestment Act? The Community Reinvestment Act (CRA) was first enacted in 1977. CRA requires federal banking regulators to encourage financial institutions to help...

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Employee Retention Tax Credit News: IRS Announces New ERC Withdrawal Process
By Freed Maxick Tax Team on November 14, 2023

The IRS has introduced a new withdrawal process for taxpayers looking to retract previously filed Employee Retention Tax Credit (ERC) claims. This move comes as part of the IRS's efforts...

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