March 26, 2022 The Tax Rules of Renting Out a Vacation Home Property Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the … Read More
March 26, 2022 Eyes On Related Parties Business transactions with related parties — such as friends, relatives, parent companies, subsidiaries and affiliated entities — may sometimes happen … Read More
March 25, 2022 Conflict-of-Interest Policies: It’s About Trust According to a 2021 Independent Sector survey, 57% of Americans trust not-for-profits to “do what is right.” Although that’s a … Read More
March 25, 2022 When Inheriting Money, Be Aware of IRD Issues Once a relatively obscure concept, “income in respect of a decedent” (IRD) may create a surprising tax bill for those … Read More
March 25, 2022 Going Private Recently, the news media has given a lot of attention to initial public offerings using special purpose acquisition companies (SPACs). … Read More
March 24, 2022 Nonprofits: Seize The Day With Real-Time Strategic Planning Traditional strategic planning requires not-for-profit leaders to perform a lot of guess work about what might happen in the future. … Read More
March 21, 2022 No Audit Required? Do It Anyway Most nonprofits aren’t required to undergo audits. But you may want to engage an auditor anyway. Here’s how to make … Read More
March 21, 2022 New Audit Committee Survey Reveals Trends On Risks, ESG Reporting And More What are the top concerns your organization is currently facing? This is just one of the questions audit committee members … Read More
March 21, 2022 Lost Your Job? Here Are The Tax Aspects Of An Employee Termination Most people don’t think about taxes if they lose their jobs but there can be tax implications to a layoff … Read More
March 17, 2022 4 Levels of Audit Opinions It’s audit season for calendar-year entities. Will your auditor issue a clean opinion? Here’s what happens when auditors have reservations … Read More
March 17, 2022 Did You Make A Charitable Contribution In 2021? If you’re deducting a charitable contribution on your tax return of $250 or more, you need a written acknowledgment from … Read More
March 16, 2022 Looking For A 2022 Business Safety Net? Act On EIDL Funding There’s still time to apply for COVID-19 Economic Injury Disaster Loan (EIDL) funding, but time is running short. Read More
