November 30, 2020 Cutoffs: What Counts In 2020 vs. 2021 As year end approaches, it’s a good idea for calendar-year entities to review the guidelines for recognizing revenue and expenses. … Read More
November 26, 2020 Using Footnotes To Disclose Your Nonprofit’s financial Information Does anyone actually read footnotes? If they’re financial statement footnotes, the answer is usually “yes.” Footnotes can provide donors, governmental … Read More
November 24, 2020 Taking Distributions From A Traditional IRA Although planning is needed to help build the biggest possible nest egg in your traditional IRA (including a SEP-IRA and … Read More
November 20, 2020 How to Minimize Turnover in Your Accounting Department The demand for qualified accounting and finance personnel has grown, as business owners struggle to manage unpredictable cash flows, increased … Read More
November 20, 2020 Annual Plan Audit: An Auditor’s Perspective Does your plan require an annual audit? If your eligible participant count (including terminated employees who maintain an account balance) … Read More
November 19, 2020 Smart Nonprofit Leaders Know How To Delegate Delegation ideally gives not-for-profit executives time to focus on mission critical tasks and provides growth opportunities to staffers. However, you … Read More
November 19, 2020 How Series EE Savings Bonds Are Taxed Many people have Series EE savings bonds that were purchased many years ago. Perhaps they were given to your children … Read More
November 19, 2020 Preparing For The Possibility Of A Remote Audit The coming audit season might be much different than seasons of yore. As many companies continue to operate remotely during … Read More
November 12, 2020 How Much Insurance Does Your Nonprofit Need to Mitigate Risk? A warning if your not-for-profit organization is looking for expenses to cut: Don’t skimp on insurance. Should your nonprofit experience … Read More
November 12, 2020 Disability Income: How is it Taxed? Many Americans receive disability income. You may wonder if — and how — it’s taxed. As is often the case … Read More
November 12, 2020 What Do The 2021 Cost-of-Living Adjustment Numbers Mean For You? The IRS has announced its 2021 cost-of-living adjustments to tax amounts that might affect you. Many increased to account for … Read More
November 6, 2020 How Effectively Does Your Business Manage Risk? From natural disasters and government shutdowns to cyberattacks and fraud, risks abound in today’s volatile, uncertain marketplace. While some level … Read More
