Blog

John Csargo | Jun. 17, 2021

Don’t Assume Your Profitable Company Has Strong Cash Flow

Most of us are taught from a young age never to assume anything. Why? Well, because when you assume, you…

Becky Gibbs | Jun. 9, 2021

What Nonprofit Board Members Need to Know About Fiduciary Duties

It takes more than dedication and enthusiasm for your not-for-profit’s cause and programs to make a good board member. The…

John Csargo | Jun. 2, 2021

The Long and Short of Succession Planning

For many business owners, putting together a succession plan may seem like an overwhelming task. It might even seem unnecessary…

Ashley Sparks | Jun. 1, 2021

Cash Talks — and Fraud Experts are Listening

Fraud perpetrators take whatever they can get their hands on. But they generally prefer cash because it’s virtually untraceable. Fortunately,…

Becky Gibbs | May. 26, 2021

Making the Decision to Hire New Nonprofit Staffers

Many Americans remain unemployed due to the COVID-19 pandemic — at least 9.8 million at the end of April, according…

Chris Wittich | May. 19, 2021

Tax Update on PPP, Unemployment Benefits and Employee Retention Credits

Here in Minnesota it was just announced that the legislature has come to an agreement on conformity for two big…

Chris Wittich | May. 19, 2021

PPP Applications, Forgiveness and SBA Programs

Reminder that your PPP1 forgiveness applications are due 10 months after your 24-week covered period is completed. For example, a…

Andy Muntifering | May. 17, 2021

Defending Your Auto Dealership from Fraud

Although auto sales plunged at the start of the COVID-19 pandemic, they’ve since rebounded. In fact, some dealerships are reporting…

Nick Swedberg | May. 5, 2021

The Restaurant Revitalization Fund is Now Live

The COVID-19 pandemic has affected various industries in very different ways. Widespread lockdowns and discouraged movement have led to increased…

Becky Gibbs | Apr. 28, 2021

Minimize the Need to Make Year-End Financial Adjustments

Why don’t your nonprofit’s interim and year-end financial statements match? It may come down to cash basis vs. accrual accounting.…

Ashley Sparks | Mar. 22, 2021

The Interview Before the Fraud Interview

If you suspect occupational fraud but have little information or evidence, you may want to conduct preliminary information interviews. But…

Tiffany Shermak | Mar. 17, 2021

New Legislation Proposes to Help “Rescue” Nonprofits

Everyone knows about the $1,400 checks earmarked for qualified individuals. But what does the American Rescue Plan Act propose for…