January 6, 2021 Your Taxpayer Filing Status: You May Be Eligible To Use More Than One When it comes to taxes, December 31 is more than just New Year’s Eve. That date will affect the filing … Read More
January 6, 2021 Valuing Noncash Donations: A Cheat Sheet Many not-for-profits experience a flood of last-minute donations at the end of the year. Although cash is easy to value, … Read More
December 30, 2020 Nonprofit Endowments Require Knowledge and Resources If the events of 2020 have taught not-for-profits anything, it’s that financial reserves are essential to long-term survival. An endowment … Read More
December 30, 2020 ICFR Assessment and Attestation: Are You in Compliance With the Rules? Each year, public companies must assess the effectiveness of their internal controls over financial reporting (ICFR) under Section 404(a) of the … Read More
December 22, 2020 Congress Passes Consolidated Appropriations Act of 2021 Learn about the key tax provisions for individuals and businesses included in the Consolidated Appropriations Act of 2021. Read More
December 22, 2020 Maximize Your 401(k) Plan to Save For Retirement Contributing to a tax-advantaged retirement plan can help you reduce taxes and save for retirement. If your employer offers a … Read More
December 16, 2020 Year-End SWOT Analysis Can Uncover Risks As your company plans for the coming year, management should assess your strengths, weaknesses, opportunities and threats. A SWOT analysis … Read More
December 16, 2020 Put Your Company’s Financial Statements to Work For You It’s almost time for calendar-year businesses to prepare their year-end financial statements. If used correctly, these reports can be a … Read More
December 16, 2020 Nonprofit Boards Must Remain Vigilant as Long as the Crisis Continues It’s been a tough year for not-for-profits. Many have experienced an increased demand for services just as revenues have plummeted. … Read More
December 11, 2020 How COVID-19 Could Impact Year-End Inventory Counts Many businesses are closed or are limiting third-party access as COVID-19 surges across the United States. These restrictions could still … Read More
November 30, 2020 Principles To Guide Your Nonprofit’s Relationship With Donors In 1993, a consortium of philanthropic organizations came up with the Donor Bill of Rights to guide not-for-profits in their … Read More
November 30, 2020 Employees: Don’t Forget About Your FSA Funds Many employees take advantage of the opportunity to save taxes by placing funds in their employer’s health or dependent care … Read More
