2.10.22
Get More Worms by Filing Your Taxes Early
They say the early bird gets the worm. Early federal income tax filers may get a couple worms, which is a good thing in this…
2.9.22
Your Board Can’t Do Its Job Without Information From You
If your not-for-profit’s board members don’t have the information they need to make decisions, the repercussions can be severe. Board time can be wasted, voting…
2.9.22
Established Nonprofits Must Continue To Build and Grow
If your not-for-profit was well-established before 2020, it has probably weathered the pandemic and economic stress of the past couple of years better than younger…
2.9.22
Should Your Nonprofit Sponsor a Smaller Project?
During the initial COVID-19 outbreak, a small community group decided to organize grocery deliveries to low-income seniors. Time was of the essence and participants in…
2.9.22
Accounting for Program Services and the Activities That Support Them
Donors and funders want to know how your nonprofit uses its financial resources — maybe even more than ever during this difficult time. Rules issued…
2.8.22
New Tax Reporting Requirements for Payment Apps Could Affect You
If you run a business and accept payments through third-party networks such as Zelle, Venmo, Square or PayPal, you could be affected by new tax…
2.4.22
Keeping Meticulous Records Is the Key To Tax Deductions and Painless IRS Audits
If you operate a business, or you’re starting a new one, you know you need to keep records of your income and expenses. Specifically, you…
2.4.22
Entrepreneurs and Taxes: How Expenses Are Claimed on Tax Returns
While some businesses have closed since the start of the COVID-19 crisis, many new ventures have launched. Entrepreneurs have cited a number of reasons why…
1.31.22
Placing a High Value on a Business Valuation
If you own or co-own a construction business, it’s likely the most valuable asset in your possession. But the question is and will remain throughout…
1.31.22
Importance of Cash Flow During Supply Chain Disruptions in Construction
The COVID-19 pandemic has caused, among many other issues, supply chain disruptions. We all remember seeing lumber soaring to ridiculous heights, but continued product and…