Strong internal controls and audits can help safeguard against data breaches
Has your company experienced a data breach recently? As cyberattacks become more common and costlier, they’re getting more attention from external auditors.
Which leadership skills are essential to strategic planning?
Business owners: Do you and your leadership team have what it takes to succeed at strategic planning? Here are five key skills to develop.
What contractors should know about the IRA’s PWA requirements
Construction businesses that work on clean energy projects may have some great opportunities ahead. Here’s a look at the substantial tax incentives involved.
Welcome charitable pledges — and account for them properly
Your nonprofit may prefer donations (or immediate support) to pledges, which are usually promises to donate in the future. But if you do receive pledges, make sure to account for them properly.
6 key elements of a business budget
Business owners: If you’ve been using the same budgeting process and format for years, maybe it’s time for an upgrade. Here are some ideas.
Parametric insurance may suit some construction companies
Construction business owners: Do you have all the insurance your company really needs? One type of supplemental coverage to consider is a parametric policy.
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.
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.