My Internship with ADKF

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Choosing ADKF for my internship was a no-brainer for me because they are a public accounting firm that is truly “with you all the way.”  They really want their interns to do well, and they helped me grow into my Paraprofessional Internship role. The precautions that have been put into place to keep everyone safe … Read more

Broker-dealer Audits and Compliance

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Securities broker-dealers took a hit when the $65 billion Ponzi scheme run by investment advisor, Bernie Madoff, surfaced in December 2008. An unregistered audit firm had been signing off on Madoff’s financial statements without asking questions for at least 17 years. This led to any securities broker-dealers which traded publicly traded securities to be required … Read more

Employee Based Rewards – Gift Cards: What You Need to Know

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Whether it be for the holidays, employee anniversaries, or just to boost morale, many employers will at some point consider giving their employees gifts or creating a reward plan. While these plans or gifts are certainly smart practices in terms of improving employee satisfaction, employers should understand the various tax implications associated with these awards. … Read more

Homeowners Associations, What’s In It For Me?

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Before you throw out the idea of paying association dues to maintain the common areas of your neighborhood, take a hard look at some of the things Homeowners Associations (HOA’s) do for their owners.   HOA’s can keep the neighborhood common areas maintained and looking good for both the current owners and potential buyers for … Read more

Do You Have a Foreign Reporting Requirement?

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Many individuals have broadened their investment horizons beyond the U.S. boarders, but how do you know if you need to report certain foreign activities to the IRS? Let’s talk about the basic requirements and thresholds. There are two possible forms to complete to report your foreign accounts: (1) Foreign Bank Account Report and/or (2) Statement … Read more

How to Prepare for Your Financial Statement Audit

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As your organization’s year-end approaches, you may be starting to stress about all the year-end procedures that need to be completed. Preparing for your year-end financial statement audit can add to the stress. Whether your organization is new to the audit process or has already participated in an audit, proper planning and preparation can make … Read more

Fixing-Up your Building

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During this last year, there were some facets of life for which we learned to have an appreciation. As exciting as it is to order take-out from your couch or scroll through items while shopping on your smart device, there’s something special about walking through the doors of a local business. Perhaps it’s the greeting … Read more

Client Spotlight on WaterFleet

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At ADKF, we pride ourselves on the relationships we develop with our clients. We grow with them and are proud to be their trusted advisors. Because of how important our clients are, we want to share their stories. For this quarter, we interviewed accomplished CPA, co-founder, and Chief Financial Officer of WaterFleet, Allison C. Pyle. … Read more