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Mitigating the Risk of Deepfake Fraud

Mitigating the Risk of Deepfake Fraud

With the rise of AI, deepfake fraud is on the rise, resulting in significant financial losses for companies. Explore the need for increased employee education and enhanced security measures. Reach out to us to learn how to protect your organization against these sophisticated cybercrimes.
Fiscal year 2025 budget proposal contains items affecting exempt organizations

Fiscal year 2025 budget proposal contains items affecting exempt organizations

Biden administration's budget proposal includes items affecting donor advised funds and private foundations.
IRS announces new initiative aimed at high-income non-filers

IRS announces new initiative aimed at high-income non-filers

IRS announces initiative aimed at high-income earners who have not filed tax returns. IRS estimates 125,000 instances of non-filing.
IRS announces increased audit activity for personal usage of corporate planes

IRS announces increased audit activity for personal usage of corporate planes

An IRS examination of this issue can be time intensive and arduous if the business does not take the necessary proactive steps to ensure all required documents are in order to defend the company's position in front of the IRS.
Maximize Your Health Savings With an HSA

Maximize Your Health Savings With an HSA

Maximize your health savings account benefits and avoid unnecessary taxes and penalties. Discover the eligibility criteria, benefits, and how to effectively manage your HSA.
Navigating the complex landscape of artificial intelligence adoption

Navigating the complex landscape of artificial intelligence adoption

Artificial intelligence (AI) has rapidly become a key element of business strategies. But what are the risks companies need to consider?
February Insights Newsletter

February Insights Newsletter

Now that we're in February, we have officially shifted gears into the 2024 Tax Season!
Retirement plan audit and contribution considerations

Retirement plan audit and contribution considerations

The evolving retirement plan landscape opens opportunities for companies to review employee compensation packages and consider changes to their plans.
Bad debt tax deduction method proposed for financial institutions

Bad debt tax deduction method proposed for financial institutions

Banks and insurance companies would see a simplification of their tax reporting of credit losses under proposed regulations.
Insourcing, outsourcing and co-sourcing: Which is right for you?

Insourcing, outsourcing and co-sourcing: Which is right for you?

Insourcing, co-sourcing or outsourcing fund administration? Navigate the pros and cons, and find what suits your firm's journey.
What are the benefits of managed payroll?

What are the benefits of managed payroll?

Managed payroll, also known as payroll outsourcing, can decrease risk, increase accuracy, protect sensitive data and better support your business.
ASU 2023-09 will require enhanced disclosures about income taxes

ASU 2023-09 will require enhanced disclosures about income taxes

Companies should prepare for a recent FASB update that requires enhanced disclosures about effective tax rates and income taxes paid.

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  • Johnson & Sheldon, PLLC
    Amarillo Location
    500 S Taylor St Suite 200
    Amarillo, TX 79101

    Phone: 806-371-7661
    Fax: 806-371-0529
    Email: ebaten@amacpas.com

    Johnson & Sheldon, PLLC
    Pampa Location
    2004 N. Hobart
    Pampa, TX 79065

    Phone: 806-665-8429
    Fax: 806-665-8804
    Email: fbeavers@amacpas.com

    Johnson & Sheldon, PLLC
    Hereford Location
    119 E 4th St
    Hereford TX 79045

    Phone: 806-364-4686
    Fax: 806-364-0826
    Email: khollingsworth@amacpas.com

    AICPA
    Texas CPA Certified Public Accountant

    We are clients of the RSM Professional Services+ Practice. As a client, we have access to the Professional Services+ Collaborative, a globally connected community that provides access to an ecosystem of capabilities, collaboration and camaraderie to help professional services firms grow and thrive in a rapidly changing business environment. As a participant in the PS+ Collaborative, we have the opportunity to interact and share best practices with other professional services firms across the U.S. and Canada.