9.9.22
Could the Work Opportunity Tax Credit Help Your Construction Company?
The construction industry has been facing a labor shortage for years. Although there are various ways to tackle the challenge, one approach to keep in…
9.7.22
Large, Unpaid Tax Bills Could Endanger Your Passport
If you have a large unpaid federal tax bill, beware. A 2015 law allows the U.S. State Department to deny your passport application — or…
9.7.22
Large Cash Business Transactions Must Be Reported to the IRS
If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to the IRS. Here are some…
9.7.22
Offset Nursing Home Costs With Possible Tax Breaks
If you have a parent entering a nursing home, taxes are probably the last thing on your mind. But you should know there may be…
8.26.22
For a Stronger Nonprofit, Increase the Number of Income Streams
Not-for-profits that rely on a single income source, or only a few, are vulnerable to economic shocks. The COVID-19 pandemic has made this particularly clear.…
8.26.22
Why an LLC Might Be the Best Choice of Entity for Your Business
The business entity you choose can affect your taxes, your personal liability and other issues. A limited liability company (LLC) is somewhat of a hybrid…
8.16.22
The Inflation Reduction Act Includes Wide-Ranging Tax Provisions
The U.S. Senate and House of Representatives have passed the Inflation Reduction Act (IRA), and President Biden is expected to sign the bill into law…
8.15.22
Matching Gifts Make Donations Twice as Sweet
According to nonprofit consultant Double the Donation, almost 65% of U.S. companies offer matching gift programs to help boost their employees’ charitable giving power. Sadly,…
8.15.22
Support Your Nonprofit’s Financial Plans With Board Designations
The pandemic, ongoing economic insecurity and uncertainty about the future have prompted some nonprofits to make board designations of unrestricted assets. What are board designations,…
8.15.22
Using Financial and Nonfinancial KPIs To Flourish
With the impact of the COVID-19 pandemic and ongoing economic uncertainty, some nonprofits continue to struggle with financial sustainability. This can mean your board of…