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When teachers are setting up their classrooms for the new school year, it’s common for them to pay for a portion of their classroom supplies out of pocket. A special tax break allows these educators to deduct some of their expenses.

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2018. Keep in mind that this list isn't all-inclusive, so there may be additional deadlines that apply to you.

Careful handling of contractors can help ensure that independent contractor status will pass IRS scrutiny.

The typical business or other organization loses 5% of its revenues to fraud each year, with a median loss of $130,000. And about one-fifth of fraud cases involve losses of $1 million or more.

Individual incidents of expense reimbursement fraud don’t typically involve significant sums. But left unchecked, they can add up, particularly if executives or frequent travelers are the perpetrators.

In a world of increasing exposure to online security threats, it’s nice to be able to rely on voicemail for risk-free communication. The problem is, you can’t. Fraud perpetrators are endlessly inventive when it comes to scamming individuals and businesses.

Now is a good time to familiarize yourself with the changes, assess your AMT risk and see if there are any steps you can take during the last several months of the year to avoid the AMT, or at least minimize any negative impact. 

The Tax Cuts and Jobs Act (TCJA) liberalized the eligibility rules for using the cash method of accounting, making this method - which is simpler than the accrual method - available to more businesses.

With its many changes to individual tax rates, brackets and breaks, the Tax Cuts and Jobs Act (TCJA) means taxpayers need to revisit their tax planning strategies. Certain strategies that were once tried-and-true will no longer save or defer tax.

For small businesses, managing payroll can be one of the most arduous tasks.

A forensic accountant plays a critical role in a fraud investigation. But if you suspect an employee of fraud, call your attorney first, not your accountant.

There continues to be much uncertainty about the Affordable Care Act and how such uncertainty will impact health care costs. So it's critical to leverage all tax-advantaged ways to fund these expenses, including HSAs, FSAs and HRAs.