Governance, Risk and Internal Audit

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Establish The management of risk and implementation of robust corporate governance has become an increasingly important aspect of global business.

 While many companies are required by law, regulations or stakeholders to apply these processes and procedures, even more elect to do so as part of a successful business strategy.

Pierre-Louis & Associates CPA, P.C. works with businesses in all sectors, advising on their governance structures, providing a range of services designed to support clients in maintaining robust governance and assurance frameworks. They can assist on managing risks effectively while helping to embed transparency and accountability.

 

Succession Planning Strategy For Long Island Business Owners

The 2022 clock is almost at midnight.An end to a still somewhat crazy year — “the crazy” seems like our new normal, post-2020, am I right? There were a lot of challenges this year and they were … exhausting. Keeping up with the changes and adjusting to the economic...

Business Owner Salary: Frantz Pierre-Louis’s Guide to Setting Yours

If there’s one thing you can take comfort in as you’re handling the effects of tariffs in your Long Island business, it’s that you’re not alone. Even titans like Pepsi are feeling the impact. They’re taking hits because of the 25 percent tariff on aluminum, and...

Employee Gifts: Some Ideas for Long Island Business Owners

Time is counting down until the year is up and your tax impact opportunity window closes.And even if this is the busiest (and perhaps most profitable) part of the year for your Long Island business, opening up a little space in your calendar to talk about some...

Frantz Pierre-Louis’s Simple Steps Toward Minimizing Debt

Often, when you're faced with IRS debt, there are other nasty little financial problems that can crop up.I have to tell you though, as I sat down to write this, it made me think about some Long Island clients that I've walked with over the years who fought their way...

Can a Federal Tax Lien of Wages Affect Your Long Island Job?

Owing a big debt to the IRS tends to bring a lot of fear, which is normal and even a somewhat healthy response. Fear can lead to action. And taking action means you avoid the hammer the IRS would bring down on you if you chose to do nothing instead (think federal tax...

Strategizing Your Long Island Business’s Cash Flow Plan For 2019

2018 is FINALLY over, and we have a brand new year ahead of us ... and it feels pretty great. The year ahead is full of possibilities for your Long Island business, and we are so privileged to walk alongside you in the financial aspects of these possibilities.And...

Three Tips On How To Succeed as an Entrepreneurial Business Owner

Now that TY2017 is behind us, it is time to turn our greedy eyes towards the savings possible for you and your business in the "new" tax code under the Tax Cuts and Jobs Act of 2017. And there are many ways to save with these new regulations. One of the most talked...

Five Financial and Tax Strategies For Small-To-Mid Sized Businesses

It's increasingly clear to all of us that our present "cultural moment" can take a toll on any person's mind who isn't vigilant. Constant connectedness to those who are (by their very vocation) incentivized to highlight change, chaos and fear is more dangerous than I...

The Million Dollar Question of Selling Strategies for Your Long Island Business

At least for the moment, we can’t say our new president isn’t keeping his campaign promises. On February 4th, additional tariffs of 25 percent on goods from Mexico and Canada, and an additional 10 percent on goods from China will go into effect. Of course,...

Opportunities Long Island Business Owners Will Miss Out On Without Accounting Basics

It’s officially time to get serious about your accounting and taxes.Because if you’re an S corp or partnership and you haven’t yet filed your 2024 taxes, it’s imperative that you file an extension … immediately. That’s because March 17th is the deadline for filing...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.
But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!

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