Blog

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…
Randy Feld | Nov. 2, 2022
Finding Comparable Transactions to Use in Business Valuation
The market approach is an intuitive way to value a private business interest. It bases the subject company’s value on…
Becky Gibbs | Oct. 31, 2022
The Audit is Over. Now What?
Whew! That’s probably your reaction when outside experts announce that their audit of your not-for-profit is complete. But even if…
John Csargo | Oct. 26, 2022
Employers: In 2023, the Social Security Wage Base is Going Up
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for…
Anna Lovegren | Oct. 21, 2022
Keep Your Religious Congregation on the Financial Straight and Narrow
Religious congregations usually enjoy greater protection from federal government oversight than other not-for-profit organizations. For example, the IRS can’t conduct…
John Csargo | Oct. 5, 2022
Worried About an IRS Audit? Prepare in Advance
IRS audit rates are historically low, according to a recent Government Accountability Office (GAO) report, but that’s little consolation if…
Anna Lovegren | Oct. 3, 2022
Lost Your Tax-Exempt Status? Here’s How to Regain It
So you forgot to file your not-for-profit’s Form 990, 990-EZ or 990-N with the IRS. It can happen — particularly…
John Csargo | Sep. 27, 2022
Inflation Reduction Act’s Impact on Your Taxes
The Inflation Reduction Act (IRA) was signed into law on August 16, 2022.  Here are the significant provisions:
Brandon Dunigan | Sep. 27, 2022
Student Loan Forgiveness
President Joe Biden announced on Aug. 24 that most federal student loan borrowers will be eligible for some forgiveness.  The forgiveness would…

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