2 valuable year-end tax-saving tools for your business At this time of year, many business owners ask if there’s anything they can do to save tax for the year. Under current tax law, there... Read More
How to protect your nonprofit’s credit cards from misuse A hypothetical not-for-profit staffer named Britney had maxed out her personal credit cards. So when her car needed repairs, she reached fo... Read More
What is your taxpayer filing status? For tax purposes, December 31 means more than New Year’s Eve celebrations. It affects the filing status box that will be checked on y... Read More
Bridging the gap between budgeting and risk management At many companies, a wide gap exists between the budgeting process and risk management. Failing to consider major threats could leave you v... Read More
Manage your working capital more efficiently Working capital is the difference between a company’s current assets and current liabilities. For a business to thrive, its working c... Read More
Setting up a Health Savings Account for your small business Given the escalating cost of employee health care benefits, your business may be interested in providing some of these benefits through an ... Read More
Use a Coverdell ESA to help pay college, elementary and secondary school costs There are several ways to save for your child’s or grandchild’s education, including with a Coverdell Education Savings Account... Read More
Nonprofits - New alternatives for reporting goodwill and other intangibles Did you know that the Financial Accounting Standards Board (FASB) recently extended the simplified private-company accounting alternatives ... Read More
Understanding and controlling the unemployment tax costs of your business As an employer, you must pay federal unemployment (FUTA) tax on amounts up to $7,000 paid to each employee as wages during the calendar yea... Read More
Fight fundraising obstacles with personal appeals It’s no secret that this is a challenging time for charitable fundraising. In its annual Giving USA 2019 report, the Giving... Read More
2 valuable year-end tax-saving tools for your business
