Like Every Business, A Start-Up Needs A Sensible Budget
Are you thinking about launching a start-up? Or do you just want to get back to the basics of good budgeting? Here’s a look at the foundation of a solid budget.
How Should Your Marketing Strategy Change Next Year?
In 2023, your company will need a comprehensive, nuanced marketing strategy to address the economic challenges facing businesses and customers alike. Here are a couple key points to tackle.
“Family Glitch” Update: IRS Revises Recent ACA-Related Guidance
Is your organization an applicable large employer under the ACA? Or will it become one next year? The IRS recently revised regulations related to whether an ACA penalty could apply.
Don’t Overlook HR When Strengthening Your Cybersecurity Measures
Employers: Are you missing a crucial piece of the puzzle when it comes to cybersecurity? HR data is often widely shared and highly vulnerable.
PBGC Raises Guarantee For Single-Employer Pensions That Fail Next Year
Employers: Are you still managing a pension? The federal government recently increased its guarantee limit for single-employer plans that fail in 2023.
Is It Time To Update Your Accounting Practices?
Have your accounting procedures and systems kept up with the times? Here are five tips to consider.
Accounting Policies And Procedures Are Essential For Nonprofits, Too
Not-for-profit entities may not focus on earnings per share, but that doesn’t mean they can afford to neglect their accounting function. Here are some tips to help nonprofits run a well-oiled accounting department.
Preparing For Year-End Inventory Counts
A physical inventory count gives a snapshot of how much inventory your company has on hand at year end. Are you ready to start counting?
Don’t Overlook Foreign Assets When Planning Your Estate
If you own foreign assets, accounting for them in your estate plan is critical.
What Are Your Job Applicants Hiding?
Most employers understandably want to avoid hiring dishonest workers. The best way to do this is to verify resumé claims and possibly perform formal background checks. Here’s how.
Don’t Fall For Invoice Fraud Schemes
How can you stop billing fraud and other invoice scams from robbing your business of potentially hundreds of thousands of dollars? We suggest four tips for foiling invoice fraud perpetrators.
Fraud’s New Frontier: NFTs
Intrigued by non-fungible tokens (NFTs), but not sure how they work? Before you attempt an NFT transaction, review the fraud risks. In particular, watch out for these common schemes.
Answers To Your Questions About Taking Withdrawals From IRAs
You may spend decades building up your traditional IRA but there comes a time when you must start taking withdrawals. Here are answers to frequently asked questions about required minimum distributions.
New Accounting Standard: Does It Affect Your Nonprofit?
Accounting standard ASU 2016-13 takes effect for fiscal years starting Dec. 15, 2022. Is your nonprofit ready? Find out whether the new standard might apply to your organization and how to prepare.
How To Ease Staffer Anxiety About Your Nonprofit’s Future
For many of your nonprofit’s staffers, high inflation equals high anxiety. In this time of economic uncertainty, prioritize candid communications so employees’ worries won’t affect their work.
Operating Reserves Can Help Cushion Financial Blows
Building or replenishing nonprofit operating reserves can take time. But you need a financial cushion, particularly when the economic future looks uncertain. Learn more about finding funds to grow reserves.
Choosing A Business Entity? Here Are The Pros And Cons Of A C Corporation
If you’re starting a new business, you may wonder if you should operate as a C corporation, an S corporation or another entity. Here’s a summary of what will happen if you choose a C corporation.
Strategies For Investors To Cut Taxes As Year-End Approaches
The end of the year is a good time to examine your portfolio for tax purposes. Here are some strategies that may save you taxes.
Year-End Giving To Charity Or Loved Ones
Many people like to give thanks at this time of year by donating to their favorite charities. Here are the basic 2022 rules for charitable contributions and gifts to loved ones.
How Savings Bonds Are Taxed
Do you own savings bonds? Here’s how the interest on the bonds is taxed.
Home Sweet Home: Do You Qualify For Office Deductions?
Many people started working from home during the pandemic and have continued working out of home offices. Some of them qualify for home office deductions, but unfortunately, not all of them do. Here are the rules.