Blog

Becky Gibbs | Jan. 12, 2022

Handle Your Nonprofit’s Restricted Gifts with Care

Most not-for-profits encourage donors to make unrestricted contributions that will give the organization flexibility to use the money where it’s…

Becky Gibbs | Jan. 5, 2022

3 Steps to a More Financially Resilient Future

Charitable giving is picking up and there are other signs that suggest 2022 will be less challenging for nonprofits. But…

Ashley Sparks | Jan. 3, 2022

Commission Fraud: When Salespeople Get Paid More than They’ve Earned

When structured and managed correctly, a commission program can boost employee compensation and morale. But it also can tempt salespeople…

Chris Wittich | Dec. 16, 2021

IRS Crypto Enforcement

It took the IRS years to issue any guidance related to cryptocurrency or virtual currency but in recent years a…

Kevin Berg | Dec. 16, 2021

Cryptocurrency: What You Need to Know

Recently the prevalence and acceptance of virtual currencies has expanded dramatically. With buying and trading being simplified through trading on…

Kevin Berg | Dec. 16, 2021

Infrastructure Bill: Cryptocurrency Rules

On Monday November 15, 2021 President Joe Biden signed into law the $1 trillion dollar Infrastructure Investment and Jobs Act…

Becky Gibbs | Dec. 15, 2021

Budgeting Ideas for Uncertain Times

Budgeting, like many other things, was generally easier before COVID-19. Even though the pandemic isn’t over and much remains uncertain,…

Ashley Sparks | Dec. 8, 2021

A Credit Card Use Policy Can Help Prevent Abuse

During the busy holiday season, not-for-profit executives may rely on staffers to purchase gifts and holiday party supplies for the…

John Csargo | Dec. 8, 2021

Could an FLP Fit Into Your Succession Plan?

Among the biggest long-term concerns of many business owners is succession planning — how to smoothly and safely transfer ownership…

Anna Lovegren | Dec. 1, 2021

Why Excess Benefit Transactions are Out-of-Bounds

Emily was a dedicated board member of her community’s most prominent social-services charity. But her commitment to the cause and…

Randy Feld | Nov. 15, 2021

6 Steps to Prepare Your Business for a Sale

The COVID-19 pandemic has put unprecedented stress on private business owners. Some are now considering selling their businesses. Before putting…

John Csargo | Nov. 11, 2021

Are You Liable for “Nanny Taxes”?

If you employ household workers — which may include nannies, babysitters, housekeepers, cooks, gardeners, health care workers and other employees…