Frank Biron Speaks at PERAC's Annual Emerging Issues Forum
Frank R. Biron, CPA a Managing Shareholder at Melanson Heath was a guest speaker at the September 18, 2014 Annual Emerging Issues Forum of the Public Employees Retirement Administration Commission (PERAC).  Frank's session was shared with Linda Bournival, an actuary from KMS Actuaries. Their pre.....
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NH issues TIR explaining new BET credit carry forward rules
On September 8, New Hampshire DRA issued TIR 2014-005 clarifying certain changes related to the carry over period of any unused Business Enterprise Tax ("BET") credits. Under the New Hampshire business tax provisions, BET paid by an enterprise is allowed as a credit against any Business Profits Tax .....
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Eight Ways to Prevent Expense Account Fraud
Your employees may be cheating your company by turning in bogus expense reports. While each of these transactions may be small, they can add up to a bundle. Not only does expense account abuse erode profits, it creates an environment in which employees think they can get away with stealing -- and pe.....
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Risk Assessment – What Can Go Wrong?
Merriam-Webster defines risk as “the possibility that something bad or unpleasant (such as injury or loss) will happen”, whereas risk assessment is defined as “a systematic process of evaluating the potential risks that may be involved in a projected activity or undertaking.” External ver.....
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Tax Benefit of Separating Repairs from Improvements
There's a world of tax difference between repairs to real estate property and capital improvements. And it's not just semantics. The characterization could result in an increase or decrease of thousands of dollars on your tax return. Basic premise: Repairs are currently deductible in full and can.....
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