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
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
