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…
8.15.22
Nonprofit Cybersecurity: Why It Should Be a Top Business Priority
With cyberattacks on the rise, even nonprofits can no longer ignore or poorly budget for this serious problem. Groups that may want to disrupt your…
8.15.22
How To Treat Business Website Costs for Tax Purposes
These days, most businesses have websites. But surprisingly, the IRS hasn’t issued formal guidance on when website costs can be deducted. Fortunately, established rules that…
8.12.22
A Family Budget for Your Needs — Today and Tomorrow
A wise person — who may or may not have been an accountant — once said, “Simplicity is the key to a family budget.” However,…
8.11.22
Should You Digitize Your Tax and Financial Records?
Traditionally, important tax and financial records have been stored as hard copies in desk drawers, filing cabinets and safe deposit boxes. These days, however, it’s…
8.11.22
When Is Employer-Provided Life Insurance Taxable?
If your company benefits include group term life insurance paid by your employer, a portion of the premiums paid for the coverage may be taxable.…
8.5.22
CHIPS Act Poised To Boost U.S. Businesses
The Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS Act) was recently passed by Congress as part of the CHIPS and Science Act…