Business owners sometimes need to switch successors
Business owners: Are you having second thoughts about your chosen successor? It happens. Here are some ways to address the issue and decide whether to change course.
News & Insights
Restricted gifts: What to do when strings are attached
Most nonprofits won’t say “no” to restricted gifts, but these donations are harder to handle than unrestricted ones. To minimize risk, develop restricted gift policies and follow them.
Take charge of working capital management
Here are three practical tips to manage your company’s working capital more efficiently.
Does your company have an EAP? If so, be mindful of compliance
Business owners: If you’re thinking about adding an employee assistance program (EAP) to your benefits package, or you already have one, be sure you and your team are up to speed on compliance.
Update on a possible universal charitable deduction
Recent research indicates that U.S. charitable giving is declining. One way to combat this trend may be to provide nonitemizing taxpayers with a universal charitable deduction. But will Congress act?
Making your board retreat rejuvenating — and productive
Your nonprofit’s board retreat should enable members to escape distractions and brainstorm solutions in a relaxing environment. Here are some planning ideas for a productive retreat.
Businesses should stay grounded when using cloud computing
Business owners: If your cloud computing arrangement is costing more than you expected, you’re not alone. Here’s a look at a common problem and some best practices.
Cash flow management fundamentals for construction businesses
Construction business owners: Are cash flow concerns keeping you up at night? Here are some fundamental ways to stay in control.
Review real-time data with flash reports
Want more timely financial data? Consider using “flash reports” to get a simplified snapshot of key financial metrics on a daily or weekly basis.
Don’t let myths and self-doubt thwart your capital campaign plan
Nonprofit capital campaigns generally are long-term projects that require vision, stamina and enthusiastic volunteers. We offer several suggestions for reaching ambitious capital fundraising goals.
Nonprofit refresher course: Excess benefit transactions
Not only must your nonprofit avoid excess benefit transactions, but it also must prevent the appearance of private inurement to insiders. The repercussions can be serious. Learn more.
IRS ramps up compliance enforcement against certain businesses
The IRS has announced several tax-compliance initiatives that focus on businesses. Here’s a look at three of them.