Summer hours are in effect: Our offices close at NOON on Fridays from May 17th to July 12th
Please Note: Our office will be closed Wednesday, April 16th.
Summer hours are in effect: Our offices close at NOON on Fridays from May 17th to July 12th
Please Note: Our office will be closed Wednesday, April 16th.
How to treat the real gems of your organization Has your nonprofit frozen wages or awarded minimum pay increases over the last few years while
With expenses rising faster than revenues, making more money often starts with gaining an understanding of your cost structure in order to achieve cost reduction.
Summertime tax saving ideas Individuals Charitable Deductions Summertime means cleaning out those often neglected spaces such as the garage, basement, and attic for many of
On February 18, 2015, the Internal Revenue Service issued Notice 2015-17, which reiterates the conclusion in previous guidance addressing employer payment plans – that they
Understand unrelated business income and how to avoid excess amounts Like other nonprofits, your organization probably has searched for new sources of revenue during the
If you receive a notice from the Internal Revenue Service (IRS), don’t panic! The IRS frequently sends notices and they are usually very easy to
A variety of factors over the last decade have changed how physicians view their careers in medicine. Now physicians may look at their practice as
There are many reasons to keep household records, including keeping track of your expenses, maintaining records for insurance purposes or getting a loan. You should
As expected, the Financial Accounting Standards Board (FASB) issued an Exposure Draft on April 22, 2015 on a proposed Accounting Standards Update on the "Presentation of Financial Statements
Manage and Improve Cash Flow in Your Professional Practice Cash flow is the life blood of professional practices. There are many challenges particularly faced by
While board members typically bring a variety of talents and expertise to the table, they don’t always have extensive experience with financial and accounting matters.
As part of the Financial Statements of Not-for-Profit Entities project, the Financial Accounting Standards Board (FASB) plans to issue an Exposure Draft mid-April on a
Separating fact from fiction It is human nature to fear the unknown. The thought of being audited by the IRS strikes fear in even the
There are many factors that contribute to the growth and improvement in the financial performance of a medical or dental practice. One very important factor
If you use your home for business, you may be able to deduct expenses for the business use of your home. If you qualify you
If you paid for work-related expenses out of your own pocket, you may be able to deduct those costs. In most cases, you claim allowable
One tax topic we discuss with clients each year is the treatment of their capital gains and losses. Much of what you own is a
For taxpayers there is an important distinction between what the IRS considers a hobby and what is considered a business. Internal Revenue Code Section 162
Most organizations have room for improvement with online fundraising, according to a study of 151 national charities, conducted by the consulting group Dunham + Company
Stay on top of filing and reporting deadlines with our tax calendar! Our tax calendar includes dates categorized by employers, individuals, partnerships, corporations and more to keep you on track. Here are your 2nd quarter (April – June) dates.
The Foundation Center launches open data tool The Foundation Center, a source of information about philanthropy, launched Foundation Stats (http://data.foundationcenter.org), an online tool that provides
