Take action now to reduce your 2023 income tax bill
Concerned about your 2023 tax liability? Consider these year-end tax planning strategies.
Are you ready for year-end inventory counts?
For retailers, manufacturers and many other businesses, a significant amount of working capital is tied up in inventory. A year-end physical count of raw materials, work-in-progress and finished goods is essential.
Maryland Saves Program Effective For Tax Year 2024
Maryland Saves Program Update and Waiver of Annual $300 SDAT Filing Fee For Tax Year 2024
Why your nonprofit’s board needs to be diverse
What’s considered “healthy” diversity in a nonprofit board will vary by organization. But, at a minimum, your board should reflect your community and the people you serve. Learn how to increase board diversity.
8 ways construction businesses can proactively manage their supply chains
Construction business owners: Do you and your leadership team actively monitor and continuously improve your company’s supply chain? It can make a big difference in avoiding slowdowns.
What businesses can expect from a DOL benefits plan audit
Business owners: If your company offers a health plan or a retirement plan that must comply with ERISA, you could be audited by the U.S. Department of Labor. Here’s how the process generally works.
Tips for a faster month-end close
Closing the books at month end is a dreaded chore at many companies. Here’s how to simplify the process at your company.
Don’t let IRS compliance issues drag down your nonprofit
If your nonprofit is having trouble complying with IRS tax-exempt regulations, don’t wait until your status is revoked or your organization is subject to investigation. Here’s how to be proactive.
Valuations can help business owners plan for the future
Most business owners know that a valuation will be necessary if they decide to sell their companies. But there are other reasons to consider engaging a qualified appraiser.
A refresher on the trust fund recovery penalty for business owners and executives
Business owners, their leadership teams and even advisors may be held liable under the trust fund recovery penalty rules. Here’s a review of this important payroll tax issue.
4 ways to prepare for next year’s audit
It’s time to prepare for next year’s audit. Are you ready for fieldwork to begin?
Do you have to return a donation when a donor requests it?
Sometimes donors ask for their money back. Must your nonprofit comply? It depends on several factors. But the best defense against these requests is an effective offense: Create a gift refund policy.