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 […]
Save on Business Travel Costs While Nurturing Relationships
You may view corporate travel as a necessary evil. But you also know that successful companies thrive on relationships, and nurturing those relationships can require face-to-face contact with clients, vendors, […]
Do You Have a Plan for the Future of Your business?
Is your company a statistic? If you operate a family-owned business, the answer may be yes. According to the U.S. Small Business Administration, over 50% of all small business owners […]
5 Ways to Speed Up Collections
Turning receivables into cash is among the most important things a business must do. Of course, it’s easier said than done. Here are five ways to speed up collections: 1. […]
Understand the Wash Sale Rule
In the case of any loss claimed to have been sustained… Those are the first words of Internal Revenue Code Section 1091, which you may know as the wash sale rule. […]
Is It Time to Update Your Trust?
Do you have trust issues? If you’ve established a trust as part of your estate plan, the answer may be yes — and you might be unaware of those issues. […]
Gear Up for New Partnership Rules
No one likes to hear “audit” and “IRS” in the same sentence. But when the rules change, you need to be prepared — and change is definitely what has happened […]