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Posts (787) October 14, 2022 Fair Labor Standards Act (FLSA): Classify Staffers The line between employees and contractors requires nonprofits to use judgment. Getting it wrong can result in penalties with FLSA. Read More March 25, 2020 Individuals Get Coronavirus (COVID-19) Tax and Other Relief Taxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus (COVID-19) pandemic. The Treasury Department and IRS announced that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer making federal income tax payments,… Read More April 6, 2023 Using Social Media For Customer Service Many businesses are providing customer service on social media without ever really exploring the risks and ramifications of doing so. Here are some best practices to consider. Read More March 23, 2020 Auditing Revenue Traditionally, audit procedures for private companies tend to focus on the balance sheet. That is, auditors evaluate whether the book values of the company’s assets are overstated and its liabilities are understated. However, the income statement needs attention, too, especially in light of the updated guidance on recognizing revenue from contracts and the potential for misstatement. New… Read More July 31, 2024 Contributing to a Roth 401(k) Plan for Estate Planning Goals When choosing between a traditional or Roth 401(k) plan, take taxes and your estate planning goals into consideration. Read More September 29, 2022 How Auditors Use Benford’s Law To Assess Transactions Statistical tools, like Benford’s Law, can help your auditors work smarter. But it’s important to recognize the limits of these tools. Read More November 30, 2018 Why Revenue Matters in an Audit: A Spotlight Though balance sheet accounts are the customary focus of auditors, revenue is a key income statement account. And it may steal the spotlight in the coming audit season. Read More June 20, 2019 What Non Audit Services Can an Auditor Provide? Most business managers and non-profit directors hire external auditors for specific audit-related needs only. These outside experts review the organization’s books and financial statements which then get distributed to external shareholders, the public, or other B2B institutions. In recent years, however, auditors have been aiming to diversify into new lines of business to provide non… Read More August 15, 2023 5 Tips For More Easily Obtaining Cyberinsurance Business owners: You know how important cybersecurity is to your company. If you’re thinking about buying cyberinsurance, here are some suggestions for optimizing the application process. Read More October 10, 2019 Should I Use a Robo-Advisor for Wealth Management? Up until about 10 years ago, robo-advisors were only available to financial services firms and advisors. However, the market crash of 2008 changed the dynamics of how investors viewed available resources for retirement and long-term financial planning. More importantly—to the financial advisory industry at least—it changed what many were willing to pay to receive guidance… Read More October 14, 2019 Watch Out For Tax-Related Scams Have you received a text, letter, email or phone call purporting to be from the IRS? Don’t become the victim of a scam. Here’s what you should look out for. Read More October 14, 2019 Fight Fundraising Obstacles With Personal Appeals For most nonprofits, donations from individual households are declining. Now more than ever, it makes sense to use the power of personal appeals to influence would-be donors. Read More Load more Page 14 of 82« First«...1213141516...203040...»Last »
October 14, 2022 Fair Labor Standards Act (FLSA): Classify Staffers The line between employees and contractors requires nonprofits to use judgment. Getting it wrong can result in penalties with FLSA. Read More
March 25, 2020 Individuals Get Coronavirus (COVID-19) Tax and Other Relief Taxpayers now have more time to file their tax returns and pay any tax owed because of the coronavirus (COVID-19) pandemic. The Treasury Department and IRS announced that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. Taxpayers can also defer making federal income tax payments,… Read More
April 6, 2023 Using Social Media For Customer Service Many businesses are providing customer service on social media without ever really exploring the risks and ramifications of doing so. Here are some best practices to consider. Read More
March 23, 2020 Auditing Revenue Traditionally, audit procedures for private companies tend to focus on the balance sheet. That is, auditors evaluate whether the book values of the company’s assets are overstated and its liabilities are understated. However, the income statement needs attention, too, especially in light of the updated guidance on recognizing revenue from contracts and the potential for misstatement. New… Read More
July 31, 2024 Contributing to a Roth 401(k) Plan for Estate Planning Goals When choosing between a traditional or Roth 401(k) plan, take taxes and your estate planning goals into consideration. Read More
September 29, 2022 How Auditors Use Benford’s Law To Assess Transactions Statistical tools, like Benford’s Law, can help your auditors work smarter. But it’s important to recognize the limits of these tools. Read More
November 30, 2018 Why Revenue Matters in an Audit: A Spotlight Though balance sheet accounts are the customary focus of auditors, revenue is a key income statement account. And it may steal the spotlight in the coming audit season. Read More
June 20, 2019 What Non Audit Services Can an Auditor Provide? Most business managers and non-profit directors hire external auditors for specific audit-related needs only. These outside experts review the organization’s books and financial statements which then get distributed to external shareholders, the public, or other B2B institutions. In recent years, however, auditors have been aiming to diversify into new lines of business to provide non… Read More
August 15, 2023 5 Tips For More Easily Obtaining Cyberinsurance Business owners: You know how important cybersecurity is to your company. If you’re thinking about buying cyberinsurance, here are some suggestions for optimizing the application process. Read More
October 10, 2019 Should I Use a Robo-Advisor for Wealth Management? Up until about 10 years ago, robo-advisors were only available to financial services firms and advisors. However, the market crash of 2008 changed the dynamics of how investors viewed available resources for retirement and long-term financial planning. More importantly—to the financial advisory industry at least—it changed what many were willing to pay to receive guidance… Read More
October 14, 2019 Watch Out For Tax-Related Scams Have you received a text, letter, email or phone call purporting to be from the IRS? Don’t become the victim of a scam. Here’s what you should look out for. Read More
October 14, 2019 Fight Fundraising Obstacles With Personal Appeals For most nonprofits, donations from individual households are declining. Now more than ever, it makes sense to use the power of personal appeals to influence would-be donors. Read More