Blog

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…