November 6, 2020 Nonprofits: Internal Audits Still Matter Fraud doesn’t simply take a vacation during crises, such as the COVID-19 pandemic. If your not-for-profit’s internal controls aren’t effective, … Read More
October 28, 2020 Divorcing Couples Should Understand These 4 Tax Issues When a couple is going through a divorce, taxes are probably not foremost in their minds. But without proper planning … Read More
October 26, 2020 Best Practices When Forecasting Cash Flow Cash flow is a top concern for most businesses today. Cash flow forecasts can help you predict potential shortfalls and … Read More
October 21, 2020 Why Your Nonprofit Must Make Time for Accountability “Accountability” may seem like one of those popular management concepts you know would be nice to implement if your not-for-profit … Read More
October 21, 2020 Buying and Selling Mutual Fund Shares: Avoid These Tax Pitfalls If you invest in mutual funds, be aware of some potential pitfalls involved in buying and selling shares. Surprise sales … Read More
October 21, 2020 Avoiding Conflicts of Interest With Auditors A conflict of interest could impair your auditor’s objectivity and integrity and potentially compromise you company’s financial statements. That’s why … Read More
October 19, 2020 Candid Communication Can Help Ease Nonprofit Staffer’s Anxiety It would be an understatement to say 2020 has been challenging. Leaders of not-for-profits still standing are justified in worrying … Read More
October 19, 2020 What Tax Records Can You Throw Away? October 15 is the deadline for individual taxpayers who extended their 2019 tax returns. (The original April 15 filing deadline … Read More
October 15, 2020 More Time: FASB Delays Long-Term Insurance Standard … Again On September 30, the Financial Accounting Standards Board (FASB) finalized a rule to defer the effective date of the updated long-term … Read More
October 15, 2020 Your Nonprofit May Have A License To Print Money In this pandemic year, many not-for-profits are scrambling to find new sources of revenue to replace donor contributions and other … Read More
October 12, 2020 Budgeting for Retirement There are all kinds of “rule of thumb” numbers floating around for how much income you’ll need in retirement, but … Read More
October 9, 2020 Plan Documents… Save or Purge? Many ERISA plan sponsors are unclear regarding a primary fiduciary responsibility concerning plan document retention (which and when documents may … Read More
