If your company finds itself headed to court looking to recover lost profits, diminished business value or both, it’s important to know how the damages might be determined. When financial experts calculate economic damages, they generally rely on the following methods.
If your son or daughter currently is home from college on winter break, now is a good time to sit down and discuss a few estate planning documents he or she should have at this stage of life. Here are a few tips.
Most not-for-profit organizations can’t afford to lose precious financial resources, so you need to do whatever possible to minimize accounting and tax mistakes. Get started by considering the following five questions.
To effectively prevent financial and other critical mistakes, make sure your religious congregation complies with IRS rules and federal and state laws. In particular, pay attention to these key factors.
As the year winds to a close, most businesses see employees taking a lot of vacation time. Fortunately, there’s a way to reduce the year-end PTO vortex without having to allow unlimited rollovers: a PTO contribution arrangement.
Many organizations take the pulse of their membership with regular surveys but fail to conduct them strategically — and end up with useless information. Maximize your next survey’s effectiveness by focusing on these 5 objectives.
Those who run family-owned businesses often underestimate the need for a succession plan. It’s important for you, as a family business owner, to create a formal succession plan — and to communicate it well before it’s needed. Click here to learn more!
Investors, lenders and other stakeholders have been vocal in recent years about pushing companies to provide more information in their financial reports about cybersecurity. Could your company do a better job disclosing cyberrisks and recent hacks?
Communication breakdowns between a not-for-profit’s development and accounting departments can lead to confusion, embarrassment and even financial problems. Here are three ways your organization can facilitate cooperation between these two critical functions.
Many factors go into the success of a company. You’ve got to offer high-quality products or services, provide outstanding customer service, and manage your inventory or supply chain. Click here to learn more.
Prepaying property taxes related to the current year but due the following year has long been one of the most popular and effective year-end tax-planning strategies. But does it still make sense in 2018?
As the year comes to a close, many businesses look for ways to save on taxes. However tempting the tax savings may seem, you should avoid such tax shelters or you may face serious financial consequences.