When you have substantial doubts about your nonprofit’s future U.S. Generally Accepted Accounting Principles (GAAP) require not-for-profits to regularly evaluate whether there’s “substantial... Read More
Divorcing business owners need to pay attention to tax implications f you’re getting a divorce, you know it’s a highly stressful time. But if you’re a business owner, tax issues can complic... Read More
Seniors - Medicare premiums could lower your tax bill Americans who are 65 and older qualify for basic Medicare insurance, and they may need to pay additional premiums to get the level of cover... Read More
Why you should run your nonprofit like a business It’s a well-known truism in the corporate world: Organizations that don’t evolve run the risk of becoming obsolete. But instead... Read More
Understanding how taxes factor into an M&A transaction Merger and acquisition activity has been brisk in recent years. If your business is considering merging with or acquiring another business,... Read More
Still working after age 70½? You may not have to begin 401(k) withdrawals If you participate in a qualified retirement plan, such as a 401(k), you must generally begin taking required withdrawals from the plan no ... Read More
Simplifying the accounting rules for convertible debt and equity Distinguishing between liabilities and equity on a company’s balance sheet may seem straightforward. But difficulties arise when it c... Read More
Transparency is key with related party transactions In recent years, external auditors have focused more attention on related party transactions. Although related party transactions aren&rsqu... Read More
Are your employees ignoring their 401(k)s? For many businesses, offering employees a 401(k) plan is no longer an option — it’s a competitive necessity. But employees ofte... Read More
D&O insurance: Some FAQs for nonprofits Directors and officers (D&O) liability insurance enables board members to make decisions without fear that they’ll be personally ... Read More
When you have substantial doubts about your nonprofit’s future
