Is it time to review and refresh your nonprofit’s board? Perhaps your not-for-profit has lost a few board members in the turmoil of the past few years. Or maybe your current lineup simply isn&rsqu... Read More
Seller-paid points: Can homeowners deduct them? In its latest report, the National Association of Realtors (NAR) announced that July 2022 existing home sales were down but prices were up ... Read More
Sometimes businesses need to show customers tough love “We love our customers!” Many businesses proclaim this at the bottom of their invoices, in their marketing materials and even o... Read More
Why auditors prefer in-person interviews to assess fraud risks Auditing standards require financial statement auditors to identify and assess the risks of material misstatement due to fraud — and ... Read More
New law puts “book income” in the crosshairs The Financial Accounting Standards Board (FASB) could have congressional lobbyists nipping at its heels over a “book minimum tax&rdqu... Read More
Evaluating an ESOP from a succession planning perspective If you’ve been in business for a while, you’ve probably considered many different employee benefits. One option that might have... Read More
How to share your nonprofit’s values and limit fraud losses Every two years, the Association of Certified Fraud Examiners releases its Report to the Nations, an occupational fraud study of for-profit... Read More
Inflation Reduction Act provisions of interest to small businesses The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate, energy and... Read More
For a stronger nonprofit, increase the number of income streams Not-for-profits that rely on a single income source, or only a few, are vulnerable to economic shocks. The COVID-19 pandemic has made this ... Read More
Self-employed? Build a nest egg with a solo 401(k) plan Do you own a successful small business with no employees and want to set up a retirement plan? Or do you want to upgrade from a SIMPLE IRA ... Read More