October 13, 2021 Vacation Home: How Is Your Tax Bill Affected If You Rent it Out? A special federal income tax break is available if you rent your vacation home for less than 15 days during … Read More
October 13, 2021 10 Financial Statement Areas To Watch For COVID-Related Effects The COVID-19 pandemic is still affecting many organizations. It’s important to share any adverse effects of the pandemic with lenders … Read More
October 13, 2021 Nonprofits Shouldn’t Venture Abroad Without A Map Financial pitfalls and cultural misunderstandings can imperil a nonprofit’s international expansion plans. Before you seek donations or new members abroad, … Read More
October 13, 2021 Navigating The Tax Landscape When Donating Works of Art To Charity Are you an artist or collector interested in donating artwork to charity? Here are the basic rules to claim a … Read More
October 5, 2021 Flash Reports: Real-Time Financial Reporting Does your company prepare weekly or daily flash reports? These can be a powerful management tool to help anticipate potential … Read More
October 1, 2021 The Tax Score of Winning Whether you win money gambling online, playing at a casino or participating in a sports betting activity, there are tax … Read More
September 29, 2021 Got An Endowment? You Need An Investment Advisor To ensure your endowment’s investment portfolio has the right risk/reward profile, look for an investment advisor with nonprofit experience. We … Read More
September 28, 2021 Is It Time To Upgrade Your Accounting System? If you’re thinking about upgrading your company’s accounting system, cost is an important factor. But it’s not the only one. … Read More
September 28, 2021 Keep Nonprofit Board Meetings Short And Sweet Your nonprofit’s board members are volunteers with busy lives. So it’s important to keep board meetings reasonably short. Here’s how … Read More
September 28, 2021 Is A Health Savings Account Right For You? If you’re an employee, you may be able to get a Health Savings Account with your employer. You can also … Read More
September 22, 2021 House Ways and Means Committee Advances Tax Legislation The House Ways and Means Committee approved a tax package that would increase rates on high-net-worth individuals and corporations. Read More
September 17, 2021 Related-Party Transactions Draw Attention From Auditors Does your business interact with your friends, relatives and subsidiaries? If so, you may need to disclose the details of … Read More
