Blog

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

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

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…

Jasmin McKenzie | Jan. 23, 2025

Making Cost-Allocation Decisions for Your Nonprofit

Cost allocation probably isn’t your favorite task — particularly if your not-for-profit has many activities. Yet the process is critical…

Sam Johnson | Jan. 14, 2025

The Social Security Fairness Act

On January 5, 2025, President Joe Biden signed the Social Security Fairness Act into law after being introduced by Representative…

Isabel Wollermann | Jan. 10, 2025

A Brief Overview of CGAs

Beginning January 1st, 2023, qualified charitable distributions (QCDs) can be used to fund charitable gift annuities (CGAs). Now, you might…

Isabel Wollermann | Jan. 7, 2025

Qualified Charitable Contributions (QCDs): What They Are and What to Know

Once you turn 70 ½ you become eligible to make tax-free donations directly from IRA accounts to qualified charities. These…