How to Get Organized for Tax Time: A Guide for Clients

October 21, 2024|Categories: Accounting, Tax Accounting, Tax Preparation|Tags: , , , , , , , , , , , , , , |

Tax time can be overwhelming, but with a little planning and organization, the process becomes much more manageable. Whether you file your taxes yourself or work with a professional, being well-prepared helps ensure everything goes [...]

Explaining “Cross-Program Payment Allocation” in Simple Terms

September 6, 2024|Categories: Employment Security Department, Government, Washington Administrative Code|Tags: , , , , , , |

The Employment Security Department (ESD) in Washington State manages three important programs that benefit workers: State Unemployment Insurance: Provides temporary financial help to workers who lose their jobs. WA Cares: A program to help pay [...]

What is Embezzlement?

August 9, 2024|Categories: Business, Forensic Accounting, Government, Litigation Support & Investigation, Small Business|Tags: , , , , , , , , , , , |

Embezzlement is a form of financial fraud where a person, usually entrusted with the management of assets or finances, illegally takes or withholds these assets for personal use. It is a white-collar crime that often [...]

Do You Need a Financial Check-Up?

July 30, 2024|Categories: Accounting, Business, Forensic Accounting, Retirement, Shareholders & Partnership Disputes, Small Business|Tags: , , , , , |

At Pivotal Forensic Accounting and Audits, we understand the critical importance of maintaining financial integrity in your business. But how do you know when it’s time for a financial check-up with a forensic accountant?Here are [...]

The IRS: A Puzzle Palace of Codes and Systems

July 25, 2024|Categories: Accounting, Business, Editorial, Small Business, Tax Accounting, Tax Preparation|Tags: , , , , , , |

At Pivotal Forensic Accounting and Audits, we understand that navigating the world of taxes can often feel like stepping into a labyrinth. With its complex regulations and intricate systems, the Internal Revenue Service (IRS) is [...]

How Long Will $1 Million Last in Retirement?

July 22, 2024|Categories: Public & Personal Accounting, Retirement, Roth IRA 401K|Tags: , , , , , , , , , , , |

The answer depends on several factors, including your retirement age, life expectancy, and the lifestyle you plan to maintain. For some, $1 million might be sufficient for a comfortable retirement, while for others, it may [...]