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Goering Center eNewsletter - June 2018
Do you have ghosts on your payroll? Thousands of dollars to bogus salary and bonus expenses are lost each year because ghosts exist on the payroll of many companies. Here’s how phantom employee frauds work, including the warning signs and tips to help “exorcise” these scams from your payroll records.
Patrick Rumpler, Senior Accountant, Mellott & Mellott, P.L.L
When the Tax Cuts and Jobs Act (TCJA) was signed in December 2017, no one completely understood how this law would change or impact their current situation. This law dramatically changes the tax landscape as much as any tax law has over the last 30 years.
Adam Stypula, Senior Vice President & Chief Commercial Credit Officer, Park National Bank of Southwest Ohio & Northern Kentucky
You’ve done it! Your business is up and running. It’s reached profitability. It’s an established part of the community. Your blood, sweat and tears have made this venture. But you have to prepare for the day when you no longer run the show. (Read more for the 5 steps to a good succession course).
Andy Bruns, John D. Dovich & Associates, LLC
“Return to your seat, fasten your seatbelt, and remain seated until the captain turns off the seatbelt sign.”
Given recent market volatility, we can all take advice from this familiar in-flight announcement. Market volatility and air turbulence are very much similar, and just like when encountering air turbulence, if you remain seated and calm during periods of market volatility, you will arrive at your destination.