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Posts (787) May 25, 2022 Proposed Regs For Inherited IRAs Bring Unwelcome Surprises The SECURE Act nixed the “stretch IRA” and replaced it with a new 10-year rule on inherited IRAs. However, subsequent IRS guidance has created confusion about when certain beneficiaries must begin taking distributions. Read More June 29, 2022 Election Season Is Here! Watch Your Nonprofit’s Activities Penalties on 501(c)(3) organizations for participating in prohibited campaign activities are rare. But your nonprofit still needs to be careful this election season and follow IRS rules. Read More July 6, 2022 Paying Tribute To Auditor Independence External auditors are supposed to be public watchdogs who are “independent” of their audit clients, both in appearance and in fact. This may seem like common sense, but independence issues remain at the forefront of stakeholder concerns today. Read More August 11, 2022 Estimated Tax Payments: Who Owes Them And When Is The Next One Due? Self-employed taxpayers make quarterly estimated tax payments. But even if you’re not self-employed, you may make them to avoid a penalty. Read More August 30, 2022 The Inflation Reduction Act: What’s In It For You? If you’re purchasing solar or an electric vehicle, you may qualify for a tax break under the new Inflation Reduction Act. Read More November 3, 2022 Estate Planning Vocab 101: Executor And Trustee Two key estate planning terms you need to know are “executor” and “trustee.” Read More November 18, 2022 Protecting Your Nonprofit From Cybercriminals There are many low-cost (and even free) cybersecurity tools available to nonprofits, so don’t take the risk of going unprotected. Here are some easy ways to prevent data breaches. Read More December 7, 2022 How To Ease Staffers Anxiety About Your Nonprofit’s Future For many of your nonprofit’s staffers, high inflation equals high anxiety. In this time of economic uncertainty, prioritize candid communications so employees’ worries won’t affect their work. Read More December 14, 2022 Springing Vs. Nonspringing Power Of Attorney A power of attorney can come in the form of “springing” or “nonspringing.” Learn about their differences. Read More February 15, 2023 Child Tax Credit: The Rules Keep Changing But It’s Still Valuable If you’re a parent, you know that children are expensive. Fortunately, there’s a federal Child Tax Credit that may help you with the expenses. Here are the current rules. Read More March 9, 2023 U.S. Supreme Court Rules Against The IRS On Critical FBAR Issue In Bittner v. U.S., the U.S. Supreme Court ruled that the penalty for non-willingly failing to file an FBAR applied on a lower per-report basis, not on a per-account basis. Read More March 30, 2023 Some Taxpayers Qualify For Favorable “Head Of Household” Fling Status You may pay less tax if you file your tax return as a “head of household” than if you file as a “single” individual. What’s the difference? Read More Load more Page 25 of 82« First«...1020...2324252627...304050...»Last »
May 25, 2022 Proposed Regs For Inherited IRAs Bring Unwelcome Surprises The SECURE Act nixed the “stretch IRA” and replaced it with a new 10-year rule on inherited IRAs. However, subsequent IRS guidance has created confusion about when certain beneficiaries must begin taking distributions. Read More
June 29, 2022 Election Season Is Here! Watch Your Nonprofit’s Activities Penalties on 501(c)(3) organizations for participating in prohibited campaign activities are rare. But your nonprofit still needs to be careful this election season and follow IRS rules. Read More
July 6, 2022 Paying Tribute To Auditor Independence External auditors are supposed to be public watchdogs who are “independent” of their audit clients, both in appearance and in fact. This may seem like common sense, but independence issues remain at the forefront of stakeholder concerns today. Read More
August 11, 2022 Estimated Tax Payments: Who Owes Them And When Is The Next One Due? Self-employed taxpayers make quarterly estimated tax payments. But even if you’re not self-employed, you may make them to avoid a penalty. Read More
August 30, 2022 The Inflation Reduction Act: What’s In It For You? If you’re purchasing solar or an electric vehicle, you may qualify for a tax break under the new Inflation Reduction Act. Read More
November 3, 2022 Estate Planning Vocab 101: Executor And Trustee Two key estate planning terms you need to know are “executor” and “trustee.” Read More
November 18, 2022 Protecting Your Nonprofit From Cybercriminals There are many low-cost (and even free) cybersecurity tools available to nonprofits, so don’t take the risk of going unprotected. Here are some easy ways to prevent data breaches. Read More
December 7, 2022 How To Ease Staffers Anxiety About Your Nonprofit’s Future For many of your nonprofit’s staffers, high inflation equals high anxiety. In this time of economic uncertainty, prioritize candid communications so employees’ worries won’t affect their work. Read More
December 14, 2022 Springing Vs. Nonspringing Power Of Attorney A power of attorney can come in the form of “springing” or “nonspringing.” Learn about their differences. Read More
February 15, 2023 Child Tax Credit: The Rules Keep Changing But It’s Still Valuable If you’re a parent, you know that children are expensive. Fortunately, there’s a federal Child Tax Credit that may help you with the expenses. Here are the current rules. Read More
March 9, 2023 U.S. Supreme Court Rules Against The IRS On Critical FBAR Issue In Bittner v. U.S., the U.S. Supreme Court ruled that the penalty for non-willingly failing to file an FBAR applied on a lower per-report basis, not on a per-account basis. Read More
March 30, 2023 Some Taxpayers Qualify For Favorable “Head Of Household” Fling Status You may pay less tax if you file your tax return as a “head of household” than if you file as a “single” individual. What’s the difference? Read More