blog
April 14, 2021
Protect Your Organization’s Fragile Tax-Exempt Status

No nonprofit’s tax-exempt status is permanent. If you violate IRS rules, you could lose it as well as the loyalty and confidence of donors, grant makers and other supporters of your mission....

April 1, 2021
Nonprofits: Heed These Financial Danger Signs

Many not-for-profits are just starting to emerge from one of the most challenging environments in recent memory due to the COVID-19 pandemic. Even if your organization is in good shape, don’t get too comfortable. You need to be vigilant about acting on certain warning sign...

March 24, 2021
Whistleblower Policies Protect Both Staffers and Your Nonprofit

Without a whistleblower policy, your nonprofit could learn about illegal or unethical internal activities only after media, law enforcement or regulators do. Adopting a policy is relatively easy. Here’s how....

March 22, 2021
The Interview Before the Fraud Interview

If you suspect occupational fraud but have little information or evidence, you may want to conduct preliminary information interviews. But be sure to leave hostile or evasive employees to the fraud experts....

March 17, 2021
New Legislation Proposes to Help “Rescue” Nonprofits

Everyone knows about the $1,400 checks earmarked for qualified individuals. But what does the American Rescue Plan Act propose for struggling nonprofit organizations? We review the highlights....

March 15, 2021
When Divorcing Business Owners Minimize Profits

Dividing a marital estate is rarely easy. But it’s made much harder if a divorcing spouse owns a private business and attempts to artificially deflate its profits or hide assets. If you or your attorney suspects this type of deception, engage a forensic accountant to inves...

March 14, 2021
Webinar Recording: Latest Stimulus Updates March 13, 2021

Join CPAs Chris Wittich and Stacy Shaw along with members of the Boyum Barenscheer COVID-19 Resource Team as they cover updates from the third stimulus bill including Employee Retention Credits, PPP, unemployment and how it impacts your tax returns....

March 11, 2021
Employee Retention Credit and How We Can Help

We are excited to be able to assist clients with Employee Retention Credit calculations this year. To learn more about those calculations and our services check out this 11 minute video that summarizes the credit and our services. ...

March 10, 2021
Nonprofits: Hit Your Targets with Benchmarking

How committed is your not-for-profit organization to benchmarking? Perhaps you think it makes sense in the for-profit sphere, but not as much for charities and other nonprofits. If so, you’re probably missing out on benefits. Here’s how to overcome reluctance and learn t...

March 10, 2021
5 Ways to Streamline and Energize Your Sales Process

No matter what your business does, you don’t want your sales staff hamstrung by overly complicated procedures as they strive to seize opportunities in the presumably brighter near-future. Here are five ways to streamline and energize your sales process....

March 3, 2021
Rebuilding Your Nonprofit’s Operating Reserves

Events of the past year put a dent in many not-for-profit’s reserves. Perhaps you tapped this stash to buy PPE or to pay staffers’ salaries when your budget no longer proved adequate. As the pandemic wanes and economic conditions improve, you’ll need to start thinking ...

March 3, 2021
PPP Adjusted to Prioritize Very Small Businesses

In late February, the SBA, in cooperation with the Biden Administration, announced adjustments to the PPP aimed at “increasing access and much-needed aid to Main Street businesses that anchor our neighborhoods and help families build wealth,” according to SBA Senior Advi...