Industry News

Auctions can be an effective way to raise funds. But they can also trip up nonprofits (and donors) that don’t follow tax rules. We summarize some of the most important issues.

These days, data analytics is essential to for-profit business decision-making. What about nonprofits? Learn how these tools can help your organization reach goals more efficiently.

Does this year’s April 18 filing deadline apply to your business? What additional tax deadlines are there for businesses and employers during the second quarter of 2023?

How does a business know if advertising and marketing expenses are “ordinary and necessary” so they can be deducted on its tax return? Here’s a look at the issue.

Many businesses struggle to get their voices heard amid the cacophony of thoughts, opinions and messages on social media. Maybe you need an influencer.

Business owners should look around their offices or facilities and count the number of Internet-connected items. It’s probably a long list, which is why learning about the Internet of Things is so important.

Today’s economy has left many business owners wavering between optimism and worry. Here are some ways to maintain a steady course toward profitability.

Hiring a bookkeeper for your small business can be a daunting task. Here are some helpful tips.

Entrepreneurs often invest blood, sweat and tears to start new businesses. But few are experts in financial reporting. Don’t let accounting mishaps derail your startup!

Employers: Are you living in fear of losing too many employees? One way to strengthen retention is to step up internal communications.

Employers: Are you staying on top of your payroll tax obligations? Sometimes it helps to review the basics.

Is your nonprofit a publicly supported charity? Are you sure? Two IRS public support tests can help you determine, and prove, your status.

There are several reasons why your nonprofit’s Accounting and Development staffers may be at odds. You need to get to the bottom of the conflict to prevent onerous repercussions.

Giving circles sometimes are confused with crowdsourcing. But these groups of donors tend to be smaller, more focused and more likely to take an active role in supporting charities.

In a time of high inflation, you can keep your nonprofit’s members renewing their memberships by making sure they understand your value proposition. We offer some ideas.

A crooked employee may be the most cooperative person in the office, making it difficult to weed that worker out. However, many fraudsters exhibit bad behavior well before they commit fraud.

Insurance fraud can take many forms, but all of them can hurt your business if an insurer decides you’re a high risk and raises your premiums. Knowing how the schemes work and implementing controls can be a big help.

If you want to help ensure your financial security in retirement, saving now is one of the best moves you can make. If you qualify, you still have time to contribute to an IRA or SEP and save on your 2022 tax return.

If you’re a parent, you know that children are expensive. Fortunately, there’s a federal Child Tax Credit that may help you with the expenses. Here are the current rules.

How much is the standard deduction in 2023? How much do you have to earn this year before you can stop paying Social Security on your salary? Here are some Q&As about these and other tax-related amounts for 2023.

If you’re a business owner who works from home, you may be able to save tax with home office deductions. Here are the rules to qualify.