Blog

Becky Gibbs | Mar. 10, 2025

FAQs About Reporting Subsequent Events

Subsequent events are in the spotlight these days. The audit guidance hasn’t kept pace with changes in financial reporting frameworks,…

Ashley Sparks | Mar. 10, 2025

Make Smarter, Data-Driven Decisions After Determining Your Products’ Profitability

For manufacturers, knowing which products are profitable is essential for strategic decision-making and long-term success. While total revenue can provide…

Melissa King | Mar. 5, 2025

Florida Property Tax Relief Available for Catastrophic Event Property Damage

If you are a Florida homeowner that has experienced extensive damage to your home due to a catastrophic event, you…

Chris Wittich | Feb. 21, 2025

Beneficial Ownership Information (BOI) Reporting Back in Effect: New Compliance Deadlines Announced

FinCEN has confirmed that mandatory beneficial ownership reporting (BOI) requirements are back in effect, with a new deadline of March…

Becky Gibbs | Feb. 18, 2025

How to Forecast Smarter

Financial forecasting provides a roadmap to guide your organization on the path to success. Forecasts support strategic planning by helping…

Charlie Metzig | Feb. 17, 2025

Celebrating 50 Years of Boyum Barenscheer: A Legacy of Growth, Service, and Community

This year marks a momentous milestone for Boyum Barenscheer—our 50th anniversary! For half a century, we have been honored to…

Ashley Sparks | Feb. 5, 2025

Preparing for a Financial Crisis? Build Up Operating Reserves

You never know when your not-for-profit might experience a financial blow. With the current efforts in Washington to slash expenses,…

Ashley Sparks | Feb. 4, 2025

Navigating the Impact of New Tariffs on Manufacturing Businesses

President Trump has announced new tariffs affecting imports from Canada, Mexico, and China, with rates set at 25% on general…

Chris Wittich | Feb. 4, 2025

New Tariffs Imposed on Imports from Canada, Mexico, and China

On February 1, 2025, the new administration announced additional tariffs on imports from Canada, Mexico, and China, citing an extraordinary…

Anna Lovegren | Jan. 29, 2025

Lost and Found: Regaining Your Nonprofit’s Tax-Exempt Status

The IRS regularly revokes the tax-exempt status of not-for-profits — mostly for failing to file annual information returns. Losing your…

Ashley Sparks | Jan. 28, 2025

Cybersecurity Challenges in Manufacturing are Growing

Cybersecurity is more critical than ever for manufacturers as they increasingly integrate advanced technologies such as the Industrial Internet of…

Ashley Klemann | Jan. 28, 2025

SALT Tax Deduction: Potential Changes and How it Could Impact You

In 2025, there is the potential for major tax reform given Republicans control the House, Senate and White House with…