News & Insights
Plan now to reimburse staffers, board members and volunteersEvery organization needs a reimbursement policy, even if you infrequently reimburse stakeholders for travel, meals and other expenses incurred on your nonprofit’s behalf. We explain what a policy should include. 
Small businesses can help employees save for retirement, tooMany small business owners believe they can’t afford to sponsor a qualified retirement plan for employees. If this is the case for your company, be aware that there are some relatively inexpensive, simple options worth considering. 
Is it time to upgrade your business’s accounting software?Although there’s some truth to the old expression “if it ain’t broke, don’t fix it,” companies often soldier on for years with inefficient or outdated accounting software. Certain telltale signs can help business owners decide when to upgrade. 
2024 tax calendarReference this tax calendar to learn the 2024 deadlines for various tax-related forms and payments. 
3 tips for making the financial statement auditing process smootherHow much do you know about the process of preparing audited financial statements? Here’s what your nonprofit can do to ease the way. 
Got independent contractors? Get to know Form W-9Nonprofits that pay independent contractors must keep completed Form W-9s on file for them. We offer some tips for obtaining this information from workers and filing it the IRS. 
Why uncertainty calls for a more flexible budgetIf your nonprofit’s budget is fixed or static, it may be inadequate during turbulent times. Here’s why you might want to consider a more flexible rolling budget, or even decide to reforecast your current budget. 
The IRS unveils ERTC relief program for employersBeware of fraudsters hyping the Employee Retention Tax Credit! Not all businesses are eligible despite the claims you may be hearing on TV or in mail, phone and email solicitations. 
The future of accounting: How to embrace cutting-edge technologyArtificial intelligence is a hot topic among business leaders. Should your company make a New Year’s resolution to evaluate AI’s potential to improve its financial reporting and planning? 
6 tips to improve job-costing systemsIs your company’s job-costing system accurate and user friendly? Tracking costs can help identify which projects and customers are the most (and least) profitable. 
Businesses: Do you have to comply with the new corporate transparency reporting rules?The new corporate transparency reporting rules are complex, but failing to comply with them can be costly to businesses. 
Tax fundamentals for construction businesses in the new yearConstruction businesses need a comprehensive strategy for mitigating the risk of a hefty tax bill. Here are some fundamentals to consider. |
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