October 23, 2018 Why Your Internal and Year End Financial Statements Differ If your nonprofit’s periodic financial statements fail to jibe with your auditor’s year end statements, you may think someone is … Read More
October 19, 2018 Audit Opinions: How Your Financial Statements Measure Up Lenders and investors look to your company’s audit opinion letter for insight. They know which types of audit opinions tend … Read More
October 19, 2018 The Business Meal Deduction Lives On Post-TCJA IRS guidance clears up confusion over whether business meal expenses remain deductible under the Tax Cuts and Jobs Act. Read More
October 17, 2018 The Fine Art Of Valuing Donated Property Your nonprofit should calculate the value of noncash donated items using fair market value (FMV). But that’s harder than it … Read More
October 15, 2018 529 Plans: Two Tax-Advantaged Education Funding Options When it comes to funding education expenses with a 529 plan, both prepaid tuition plans and savings plans offer attractive … Read More
October 15, 2018 Cloud Computing Setup Costs: Expensed Or Capitalized? Moving to the cloud? The FASB recently issued guidance on how to account for the costs of setting up business … Read More
October 12, 2018 Nonprofit Accountability: Here’s How To Embrace It How accountable is your nonprofit? The answer can affect everything from the donations and grants you receive to the people … Read More
October 9, 2018 Auditing Royalty Agreements: How It Works Who’s monitoring your licenses? Whether due to error or fraud, underpayments may happen when your company licenses intellectual property to … Read More
October 3, 2018 Using Insurance To Manage Your Nonprofit’s Risk Many kinds of insurance policies are available to nonprofits, but it’s unlikely your organization needs all of them. How do … Read More
September 28, 2018 Year-End Tax Planning For Investments Gets Complicated With more tax rate thresholds to keep in mind, year-end tax planning for investments is especially complicated in 2018. Find … Read More
September 25, 2018 Cash vs. Accrual Reporting: Which Is Right? Tax reform has opened the door for more companies to use the simpler cash method of accounting. While simpler is … Read More
September 24, 2018 Leadership’s Role During A Nonprofit’s Merger or Acquisition Nonprofit leaders may think they can turn over the logistics of a merger or acquisition to their professional advisors. But … Read More
