Passing the public support test
Is your nonprofit a publicly supported charity? Are you sure? Two IRS public support tests can help you determine, and prove, your status. Learn more about them:
Are your Accounting and Development departments like oil and water?
There are several reasons why your nonprofit’s Accounting and Development staffers may be at odds. You need to get to the bottom of the conflict to prevent onerous repercussions.
Reading the tea leaves: Potential tax legislation in the new Congress
With Republicans now in control of the U.S. House of Representatives, what’s the fate of prospective tax legislation in 2023?
Coming soon: 5 accounting rules that take effect in 2023
Is your business ready to implement these upcoming accounting rule changes?
Sailing a steady ship in today’s interesting economy
Today’s economy has left many business owners wavering between optimism and worry. Here are some ways to maintain a steady course toward profitability.
8 ways to insulate your construction company against rising costs
Sky-high costs for labor and materials are still putting a chill on many construction companies’ profitability. Contractors, click here for eight ways you can protect yourself.
Common accounting pitfalls for startups to avoid
Entrepreneurs often invest blood, sweat and tears to start new businesses. But few are experts in financial reporting. Don’t let accounting mishaps derail your startup!
Auditing accounting estimates
Auditors are skeptical of accounting estimates. Here’s what they’re looking for and why, in recent years, they’ve upped the ante on audit procedures related to estimates and the use of specialists.
Valuing tangible property donations isn’t as simple as you may think
When it comes to tangible property donations, value isn’t simply in the eye of the beholder. Generally, you must determine fair market value for tax and financial reporting purposes. Here’s how.
Is now the time for your small business to launch a retirement plan?
Should your small business start offering employees a retirement plan? The recently passed SECURE 2.0 Act contains some interesting incentives to do so.
Getting into data analytics without breaking the bank
Today’s technology allows businesses to engage in intensive data analytics. But it’s hardly a simple or inexpensive endeavor. Here are some important points to keep in mind.
2023 tax calendar
Reference this tax calendar to learn the 2023 deadlines for various tax-related forms and payments.