New budget agreement brings additional tax changes
The ink on the Tax Cuts and Jobs Act (TCJA), which swept in a tidal wave of changes to federal tax rules, had been dry for only seven weeks before […]
Roth 401(k) Conversions May Suit Your Millennial Employees
Could your company’s benefits package use a bit of an upgrade? If so, one idea to consider is adding an option for employees to convert their regular 401(k)s to Roth […]
Motivation Matters: Encourage Your Employees with the Right Policies
Keeping your staff motivated and productive can be difficult even in the best of times. One recent study found that only 30% of U.S. workers feel “engaged and inspired” by […]
A Quick Look at the President-elect’s Tax Plan for Businesses
The election of Donald Trump as President of the United States could result in major tax law changes in 2017. Proposed changes spelled out in Trump’s tax reform plan released […]
A Brief Overview of the President-elect’s Tax Plan for Individuals
Now that Donald Trump has been elected President of the United States and Republicans have retained control of both chambers of Congress, an overhaul of the U.S. tax code next […]
Private Colleges Fail on Financial Health
As many as 159 degree-granting private colleges that provide federal money for financial aid have failed to satisfy the U.S. Department of Education’s (DOE’s) financial responsibility standards for the 2013–14 […]
Concern Over New Overtime Rules
Nonprofits across the nation have been working to prepare for the new federal overtime rules that were scheduled to take effect December 1, 2016. A survey conducted by the National […]
Researchers Find Friendly-Looking CEOs Fare better
It’s time to put on a happy face, nonprofit CEOs! A study published in the journal Perception looked at the relationship between the facial appearance of nonprofit leaders and leadership […]
Now What? FASB Issues New Reporting Standard for Nonprofits
The Financial Accounting Standards Board (FASB) has issued the first update to U.S. Generally Accepted Accounting Principles (GAAP) for nonprofits’ financial statement presentation in more than two decades. The main […]
Unclaimed Property: What’s Your Company’s Responsibility?
Does your company have a lost and found department? Does property you store there include uncashed checks, unapplied customer deposits, and credit balances in accounts receivable? You might not think […]