{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Episode 122: Segregation of Duties: Your First Line of Defense Against Fraud","description":" IRS Delays & Staffing Cuts The IRS is facing a 25% workforce reduction, which may delay the start of the 2026 filing season and limit live support. Hear how this could impact your business and what to expect. Disaster Relief Gets Easier New rules make it simpler to deduct uninsured personal losses from state-declared disasters. If you or a loved one faced property damage before July 4, 2025, there may be relief available\u2014but there are key conditions. Temporary Tax Breaks You Might Miss The podcast breaks down two new deductions\u2014the $6,000 senior deduction and the $10,000 auto loan interest deduction\u2014for those who qualify. Both are generous, both are temporary, and both come with income limits that could catch you off guard. No, Your Home Sale Still Isn\u2019t Tax-Free Despite political promises, the longstanding home sale gain exclusion rules haven\u2019t changed. But we explain why this still matters for your long-term planning. Segregation of Duties\u2014Why It\u2019s Not Just a Buzzword If your bookkeeper also cuts checks and reconciles the bank account, you\u2019re at risk. We share real-life scenarios that show how even the most trusted employees can slip\u2014and what to do to protect your business. Small Businesses Are Prime Targets for Fraud Fraud in small businesses often flies under the radar, but it hurts more. Learn how to spot red flags like \u201clifestyle creep\u201d and resistance to oversight before they snowball into major losses. Practical Steps to Protect Your Organization From using accounting software the right way to setting up passwords, vendor controls, surprise checks, and insurance coverage\u2014these are simple, actionable ways to create a fraud-resistant culture. The Power of Knowing Your Numbers If you can\u2019t explain your financials, you\u2019re handing over control. We\u2019ll show you how to get a grip on your books\u2014without having to become an accountant. ","author_name":"Accounting and Accountability","author_url":"http:\/\/fawcasson.libsyn.com\/website","html":"