CFO, yes or no? Here’s how to decide Whether your not-for-profit organization needs a chief financial officer (CFO) depends on many factors, such as the size of your organizati... Read More
Inflation enhances the 2023 amounts for Health Savings Accounts The IRS recently released guidance providing the 2023 inflation-adjusted amounts for Health Savings Accounts (HSAs). High inflation rates w... Read More
Tighten up billing and collections to mitigate economic uncertainties While many economic indicators remain strong, the U.S. economy is still giving business owners plenty to think about. The nation’s gr... Read More
Want to turn a hobby into a business? Watch out for the tax rules Like many people, you may have dreamed of turning a hobby into a regular business. You won’t have any tax headaches if your new busin... Read More
No parking - Unused compensation reductions can’t go to health FSA Among the many lasting effects of the pandemic is that some businesses are allowing employees to continue working from home — even no... Read More
What charitable givers need to know about taxes Although most charitable donors aren’t primarily motivated by potential tax breaks, they still need to know how donations affect thei... Read More
Businesses may receive notices about information returns that don’t match IRS records The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that d... Read More
Do you know the signs of financial distress in a business? Financial statements tell only part of the story. Investors, lenders and other stakeholders who know how to identify red flags of impending... Read More
Tax considerations when adding a new partner at your business Adding a new partner in a partnership has several financial and legal implications. Let’s say you and your partners are planning to a... Read More
Making your return to in-person fundraising successful It’s been a long two years. But many not-for-profits are starting to plan in-person galas and other special events for this coming su... Read More
CFO, yes or no? Here’s how to decide
