Your nonprofit is allowed to appoint some nonindependent board members. But the majority should meet the IRS’s four-part definition of “independent.” Otherwise, your governance may be scrutinized.
It’s been an especially difficult year for victims of natural disasters, including those affected by Hurricane Milton and Hurricane Helene. Taking advantage of the casualty loss deduction can help ease the financial pain.
Ever wonder why the accounting rules are so complicated and ever-changing? As the markets evolve and new challenges arise, the rules of the game may need to be revised.
Business owners: Are you tired of high turnover on your sales team? Here are some ways to fight back.
Construction business owners: Have you ever encountered a project using the Construction Manager as Constructor delivery method? Here’s what you should know.
A solid understanding of the differences between profits and cash flow can help your business avoid cash shortfalls.
Business owners: Does your company have a well-defined IT strategy? Here’s a look at two broad approaches: enterprise architecture and Agile.
Does your company follow the cutoff rules? Loose interpretation of the accounting rules can lead to errors and unexpected audit adjustments. Here’s how to get it right.
Good planning is critical to keeping nonprofit board meetings short and effective. This starts with a detailed agenda that includes timetables and assignments. Learn more.
Business owners: If you’re not worried about invoice fraud, you should be. At least one recent survey indicates it’s disturbingly common.
Construction business owners: Have you ever considered using customer relationship management software? Here are some reasons you may want to.
Much nonprofit investment income isn’t taxable, but there are exceptions. These include income from certain debt-financed property (generally, real estate). Here’s what you need to know.