January 14, 2021 Red Flags of Deadbeat Debtors Unfortunately, many businesses have experienced problems with collections during the COVID-19 pandemic. Accounts receivable are a major item on most … Read More
January 14, 2021 How Will Revised Tax Limits Affect Your 2022 Taxes? How much can you contribute to a 401(k) plan for 2022? How much is the standard deduction? How much do … Read More
January 14, 2021 Reporting And Managing Inventory Are inefficient inventory practices dragging down your business? It’s important to regularly review your approach. Read More
January 14, 2021 3 Steps To A More Financially Resilient Future Charitable giving is picking up and there are other signs that suggest 2022 will be less challenging for nonprofits. But … Read More
January 12, 2021 How To Keep Your Nonprofit’s Members In The Fold If your charity or association depends financially on membership fees, you know that non-renewals are cause for concern. During this … Read More
January 12, 2021 Can You Qualify For A Medical Expense Tax Deduction? You may be able to deduct some of your medical expenses, including prescription drugs, on your federal tax return. However, … Read More
January 6, 2021 Nonprofits: How to Acknowledge Donor Gifts Holiday-inspired generosity and the desire to reduce tax liability makes the end of the year a busy time for charitable … Read More
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
