blog
March 10, 2020
How’s Your Buy-Sell Agreement Doing These Days?

Most companies wouldn’t go into business without some basic types of insurance in place, such as property coverage and a liability policy. For a company with more than one owner, there’s an additional type of risk-management arrangement that needs to be established: a bu...

March 6, 2020
Matching Gifts Double the Impact of Donors’ Contributions

A majority of large U.S. companies offer matching gift programs to boost the impact of their employees’ charitable gifts. Double the Donation impact for donors is substantial. $2 to $3 billion is donated through matching gift programs every year. At the same time, between ...

February 27, 2020
Boyum Barenscheer Selected to Participate in National Ethnically Diverse Program

Boyum Barenscheer is proud to announce that we were 1 of 5 firms in the United States chosen to be a cosponsor of the George Willie Ethnically Diverse Student Scholarship and Internship Program.  This is a program committed to diversity in the accounting profession by prom...

February 24, 2020
When the Fraud Suspect is an Executive

Businesses and fraud experts often face a long, arduous process when investigating any occupational fraud incident.  When your company's fraud suspect is an executive or a member of upper management, it’s exponentially harder....

February 19, 2020
How to Prepare For a Nonprofit Financial Audit

Outside financial audits may seem like an extravagance to not-for-profits working to contain costs and focus on their mission. But undergoing regular audits allows your organization to identify risks early and act quickly to prevent problems. Independent audits also provide ...

February 19, 2020
Digital Documents With E-Signatures Aren’t Going Away

Have you applied for a business loan lately? Or had some repairs done on your facilities? Maybe you’ve signed a contract with a certain technologically inclined customer or vendor. In any of these instances, you (or one of your employees) probably had to electronically sig...

February 18, 2020
179D Deduction Is Back!

The 179D deduction has been gone since 2017 and the good news is that it is back.  The tax extenders bill passed in December 2019 with this popular Energy Efficient Commercial Buildings Deduction.  This had become a viable tax savings strategy again for many taxpayers. The...

February 6, 2020
Getting Help with a Business Interruption Insurance Claim

To guard against natural disasters and other calamities, many companies buy business interruption insurance. These policies provide cash flow to cover revenues lost and expenses incurred while normal operations are limited or suspended....

February 5, 2020
How Taxes Affect Your Nonprofit’s Donors

Taxes can affect donations to nonprofits. The deductibility of most charitable gifts hasn’t changed since passage of the Tax Cuts and Jobs Act, but some recordkeeping requirements have. Helping your donors who itemize deductions understand the rules and benefits of their g...

January 28, 2020
5 Best Practices When Investigating an Employee Complaint

“All complaints will be swiftly and thoroughly investigated.” No doubt this sentence, or something similar, appears in your company’s employee handbook. Unfortunately, there will likely be a time when you’ll have to put those words into action. Whether an employee al...

January 28, 2020
Blockchain Technology and the Real Estate Industry

It is inevitable, blockchain technology will reshape how the real estate industry operates in the coming years.  It is going through a digital transformation of sorts....

January 27, 2020
2020 Tax Deadlines to Remember

We all know about April 15th, but there are a number of additional deadlines to remember.  Below are additional deadlines throughout the year that may impact you, depending on your accounting situation:...