Fighting Fraud in a Post COVID-19 Business Environment
by Trever Campbell, Senior Manager
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The economy is ramping back up, businesses are hiring, and people are starting to socialize again in public. There are lots of reasons to be optimistic right now, and hopefully you are. However, there is another virus in our society that did not feel the pain of the COVID-19 pandemic: fraud.
Fraudsters thrive on the abnormal. Changes to our routines, whether positive or negative, all present new opportunities for fraud to occur in our businesses and lives. According to a recent poll conducted by the ACFE ( Association of Certified Fraud Examiners), out of 1,700 respondents, 92% expect a significant increase in fraud during this coming year. In this post from the KS Blog, learn three fraud schemes to look out for post COVID-19 and five ways you can combat them. |
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From the Kernutt Stokes Blog |
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What Biden's Proposed Changes Mean for Income Tax on Capital Gains
by Gunnar Haugen, Senior Manager
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The Biden Administration recently released its budget for the fiscal year 2022, and the document contains many significant potential changes to the country’s tax laws.
Find out what these changes may mean in regards to the income tax on capital gain, including generally applied rules under the current law as well as exclusions and exceptions in this post from the KS Blog.
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Are You a Finance Hero?
Closing the Midsize Performance Gap: Why It May Be Time to Change
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Today’s finance professionals truly do it all — and as an organization grows, they need more than spreadsheets and an entry-level financial system to help it reach its full potential. So, when is it time to upgrade?
Register to save your spot for the webinar. The first 200 registrants will receive their own Sage Intacct Finance Superhero Kit!
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Thursday, July 22
10 AM PT
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Tax Credits Available for Providing Employees with Paid Leave for COVID-19 Vaccinations
by Kevin Bell, Partner
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Earlier this year, the IRS, in conjunction with President Biden, announced that eligible employers that provide paid leave for employees to receive and recover from COVID-19 vaccinations are eligible for a refundable tax credit. The credits are only available for employers with fewer than 500 employees and is limited to wages paid between April 1, 2021 through September 30, 2021. |
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New Corvallis Office
Our new office in Corvallis has officially opened! We appreciate your patience and understanding this past month as we moved from our previous space into this one and as we continue to get settled. The new office provides us with more space to serve our clients and employees. We look forward to hosting a grand opening event this summer - stay tuned!
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Congratulations to our Newest Partners! |
We are happy to announce that Brent P. Laird and Jennifer L. Cranford were recently named partners for the firm. Brent joined Kernutt Stokes in 2011 and is based in Eugene, while Jennifer joined us in 2013 and works in our Bend office. Please join us in congratulating Brent and Jennifer! |
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We also recently announced that Matthew Diment has been named our new director of niche development and Kimberly Pepion has been named our newest senior manager. Both work out of our Eugene office and work with clients all over Oregon. |
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Learn more about Kernutt Stokes, one of the 100 Best Companies to Work For in Oregon in 2021. Meet our people, experience our innovation, and discover the difference of working with Kernutt Stokes |
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About Kernutt Stokes
Kernutt Stokes is a full-service accounting and business consulting firm established in 1945 with offices in Eugene, Bend, Corvallis, and Lake Oswego. The firm specializes in privately-held and family-owned companies in construction, healthcare, manufacturing, transportation, and professional services. In addition to core accounting services, the firm provides accounting software consulting, 401(k) plan administration, business valuation, retirement planning, business consulting and other services.
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Bend | Corvallis | Eugene | Lake Oswego
541-687-1170
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