Blog

Alex Theobald | Feb. 6, 2024

Developments on Tax Incentives Available to Construction & Engineering Businesses for Tax Year 2023

The 179D Energy Efficient Commercial Buildings Deduction has been around for several years, however changes stemming from the Inflation Reduction…

Barb Sawdy | Feb. 5, 2024

Sales Tax with QBO

QBO has a very powerful built-in feature for sales tax. We have found that some clients are not taking advantage…

Greg Carlson | Feb. 2, 2024

The Tax Relief for American Families and Workers Act of 2024

The U.S. House of Representatives passed this bipartisan tax plan on January 31, 2024. The bill still needs Senate approval…

Charlie Metzig | Feb. 2, 2024

Employee Retention Credit IRS Audit Update

The CARES act was signed into law March 27, 2020 which gave us the Employee Retention Credit (ERC). This refundable…

Greg Carlson | Feb. 2, 2024

Encouraging Charitable Donors to Include You in Their Estate Plans

Even if current donations are your not-for-profit’s bread and butter, you can’t afford to neglect planned, legacy or deferred gifts.…

Becky Gibbs | Jan. 24, 2024

3 Tips for Making the Financial Statement Auditing Process Smoother

Not-for-profits aren’t required to produce audited financial statements. But audited statements are more likely to reassure big donors and grant…

Ellen Alphonso | Jan. 19, 2024

Adopting Automatic Enrollment in Your Retirement Plan

Emiley Sandvik | Jan. 18, 2024

Why Uncertainty Calls for a More Flexible Budget

Economic, social and political events in 2024 have the potential to negatively influence your not-for-profit’s budget. So if you generally…

Chris Wittich | Jan. 15, 2024

Correcting Erroneous ERC Claims

In this video, Chris Wittich discusses the process of correcting erroneous claims in the ERC (Employee Retention Credit) program. He…

Barb Sawdy | Jan. 11, 2024

Got Independent Contractors? Get to Know Form W-9

If your not-for-profit is shorthanded, you may decide to engage independent contractors to pick up some of the slack. Just…

Brandon Dunigan | Jan. 8, 2024

Corporate Transparency Act — Beneficial Ownership Information Reporting Requirement

Starting January 1, 2024, a significant number of businesses are now required to comply with the Corporate Transparency Act (“CTA).…

Randy Feld | Jan. 5, 2024

Manufacturers: Pay Attention to These 6 Tax-Related Items in 2024

What’s the tax outlook for manufacturers as 2024 begins? While certain provisions of the Tax Cuts and Jobs Act (TCJA)…

Chris Wittich | Jan. 3, 2024

ERC Second Look Consulting

Consulting with Chris Wittich to determine the best path forward on ERC. In the event that the ERC claim is…

Anna Lovegren | Dec. 28, 2023

When are Sponsorship and Advertising Payments Subject to Tax?

Sponsorship and advertising dollars can provide a real boost to your not-for-profit organization’s income. However, if sponsors or advertisers receive…

Barb Sawdy | Dec. 27, 2023

2024 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2024. Keep…