5.17.22
Why Won’t the IRS Talk to Me?
It is always frustrating when you need to talk to a person, for any reason, and they cannot or will not respond. It is even…
5.17.22
Ensure Your Construction Accounting System Has the Right Features
Construction accounting is distinctively complex. Unlike other businesses that rely heavily on a general ledger to track finances, construction companies need to master a project-based…
5.17.22
Sales and Use Taxes: An Ongoing Challenge
We’re fast approaching the fourth anniversary of the U.S. Supreme Court’s landmark decision in South Dakota v. Wayfair. That makes now a good time for…
5.17.22
Dealing With the Employee Shortage Within the Construction Industry
The current employee shortage within the construction industry is one issue that simply cannot be overlooked by employers. Many factors, including retirement, job transition, a…
5.17.22
No Audit Required? Do It Anyway
Your not-for-profit may not be required to undergo regular audits. But an audit can reassure donors and other stakeholders that you take seriously your responsibility.…
5.17.22
Your Nonprofit’s Board Needs to Know These Financial Warning Signs
Is your board staring at financial red flags without knowing it? Although some warning signs — such as those experienced when the pandemic first hit…
5.17.22
Making Your Return to In-Person Fundraising Successful
It’s been a long two years. But many not-for-profits are starting to plan in-person galas and other special events for this coming summer and autumn.…
5.17.22
Watching Costs Is Always a Smart Investment
Both for-profit businesses and nonprofit organizations are looking for ways to conserve costs in the aftermath of the COVID-19 pandemic and resulting nationwide economic crisis.…
5.16.22
Valuing Noncompetes in Business Combinations
Purchase price allocations are an important part of negotiating a successful M&A transaction. The value of most assets — such as receivables, inventory and equipment…
5.16.22
Leveraging Internal Audits
Many companies have an internal audit department that tests whether the organization is accurately reporting financial results and complying with U.S. Generally Accepted Accounting Principles…