October 9, 2020 Defined Contribution Recordkeeper Consolidation Continues Empower recently announced an agreement to acquire Mass Mutual’s retirement plan recordkeeping business. The acquisition is expected to capitalize on … Read More
October 8, 2020 There May Be Relief From Tax Liability For “Innocent Spouses” If you file a joint tax return with your spouse, you should be aware of your individual liability. And if … Read More
October 8, 2020 Gifts in Kind: New Reporting Requirements for Nonprofits On September 17, the Financial Accounting Standards Board (FASB) issued an accounting rule that will provide more detailed information about noncash … Read More
October 7, 2020 Should You Reach Out to “Effective Altruists?” Effective altruism is commonly described as a philosophy that uses evidence and reasoning to determine the most effective ways to … Read More
October 2, 2020 To Roth or Not to Roth Many Defined Contribution retirement plan participants are uncertain as to benefits of allocating their contributions to traditional vs Roth options. … Read More
September 30, 2020 Why Face-to-Face Meetings With Your Auditor are Important Remote audit procedures can help streamline the audit process and protect the parties from health risks during the COVID-19 crisis. … Read More
September 29, 2020 Why it’s Important to Plan For Income Taxes as Part of Your Estate Plan As a result of the current estate tax exemption amount ($11.58 million in 2020), many estates no longer need to … Read More
September 25, 2020 Collective Impact Initiatives: All For One and One For All Collective impact initiatives are growing among not-for-profits. Such initiatives are about more than collaboration. They represent the commitment of a … Read More
September 17, 2020 What To Do When The Audit Ends Financial audits conducted by outside experts are among the most effective tools for revealing risks in not-for-profits. They help assure … Read More
September 15, 2020 Homebuyers: Can You Deduct Seller-Paid Points? Despite the COVID-19 pandemic, the National Association of Realtors (NAR) reports that existing home sales and prices are up nationwide, … Read More
September 14, 2020 Four Tips for Increasing Your Retirement Dollars 1. Don’t Cash Out Retirement Plans When Changing Employment When you leave a job, the vested benefits in your retirement … Read More
September 14, 2020 Are You Hearing About Financial Wellness? Employers have heard a lot about financial wellness. However, employers don’t always recognize the connection between financial wellness and improved … Read More
