Blog

Anna Lovegren | Jan. 20, 2023

Valuing Tangible Property Donations Isn’t as Simple as You May Think

A new refugee resettlement charity had only just begun operating when its director realized something: She wasn’t sure how to…

Anna Lovegren | Dec. 30, 2022

Tip to Help Prevent Accounting and Tax Errors

Although failing to file a Form 990 with the IRS when required to do so is probably a more serious…

Anna Lovegren | Dec. 27, 2022

Game On! Just Make Sure Your Nonprofit Follows Tax Rules

If you’re starting to plan activities for a 2023 fundraiser, consider gaming — for example, bingo, poker, raffles and even…

Barb Sawdy | Dec. 19, 2022

2023 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 2023. Keep…

John Csargo | Dec. 14, 2022

Do You Qualify for the QBI Deduction? And Can You Do Anything by Year-End to Help Qualify?

If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes…

Becky Gibbs | Dec. 14, 2022

New Accounting Standard: Does it Affect Your Nonprofit?

An accounting standard from the Financial Accounting Standards Board (FASB) that takes effect in mid-December, 2022, could require your not-for-profit…

Becky Gibbs | Nov. 29, 2022

Operating Reserves Can Help Cushion Financial Blows

First the COVID-19 pandemic wreaked havoc on not-for-profit finances and operations. Now, many organizations are worried about how high inflation…

John Csargo | Nov. 28, 2022

Intangible Assets: How Must the Costs Incurred Be Capitalized?

The term “intangibles” covers many items. It may not always be simple to determine whether an intangible asset or benefit…

Ashley Sparks | Nov. 23, 2022

Don’t Fall for Invoice Fraud Schemes

Middle-market businesses lose an average of almost $300,000 annually to invoice fraud, according to a recent survey by software company…

Greg Carlson | Nov. 15, 2022

November 21, 2022: Section 174 R&D Costs Update Webinar Recording

The Tax Cuts & Jobs Act made significant changes to the tax treatment of R&D costs that will affect almost…

John Csargo | Nov. 7, 2022

2023 Limits for Businesses That Have HSAs — or Want to Establish Them

No one needs to remind business owners that the cost of employee health care benefits keeps going up. One way…

John Csargo | Nov. 4, 2022

Inflation Means You and Your Employees Can Save More for Retirement in 2023

How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice…