Providing education assistance to employees? Follow these rules Many businesses provide education fringe benefits so their employees can improve their skills and gain additional knowledge. An employee ca... Read More
Minimize the need to make year-end financial adjustments If your not-for-profit periodically prepares internal financial statements for your board, you may have noticed that your auditors propose ... Read More
Why it’s important to meet the tax return filing and payment deadlines The May 17 deadline for filing your 2020 individual tax return is coming up soon. It’s important to file and pay your tax return on t... Read More
Is your wellness program built on a solid foundation? In a society increasingly conscious of well-being, with the costs of health care benefits remaining high, many businesses have established ... Read More
Accounting for business combinations If your company is planning to merge with or buy another business, your attention is probably on conducting due diligence and negotiating d... Read More
Ultra-wealthy donors: Elusive but worth your nonprofit’s efforts High-net-worth individuals donated $5.8 billion during the first six months of the COVID-19 pandemic — generous giving by most s... Read More
Who qualifies for “head of household” tax filing status? When you file your tax return, you must check one of the following filing statuses: Single, married filing jointly, married filing separate... Read More
Updated guidance for impairment testing: When to consider triggering events On March 30, the Financial Accounting Standards Board (FASB) published an updated accounting standard on events that trigger an impairment ... Read More
Is an S corporation the best choice of entity for your business? Are you thinking about launching a business with some partners and wondering what type of entity to form? An S corporation may be the most ... Read More
New legislation proposes to help “rescue” nonprofits No one needs to tell nonprofit organizations how tough the past year has been. According to the John Hopkins Center for Civil Society Studi... Read More
Providing education assistance to employees? Follow these rules
