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Our articles are designed for general business clients and individuals. We cover broad topics such as accounting, personal tax, estate planning, cash management, employee benefits, succession planning, and more.

Valuation Report

These articles are related to business valuation, succession planning, and forensic accounting. We cover trends, best practices, case studies, compensation, corporate structures, and more.

Nonprofit Insights

These articles address the unique needs of nonprofit organizations. We cover new regulations, tax legislation, finance, and government issues. We also discuss management, fundraising, technology, and employee compensation.

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Take a look at what is happening at Hantzmon Wiebel.

Should You Outsource Your Accounting Functions

As your organization strives to use its resources as effectively as possible, you might at some point consider outsourcing the functions that fall under your accounting and financial umbrella. But wait: You’ll first need to weigh the possible benefits and pitfalls....

Audits Are Essential to Your Organization’s Health

Audits have become more important due to increased public and government scrutiny of not-for-profit organizations, their management, and their boards. Audits not only provide you with a fair assessment of your organization’s financial health, but also can reveal...

How Virtual Currency Transactions Affect Your Tax Situation

Virtual currencies, also known as cryptocurrencies, have gone mainstream. For example, you can use Bitcoin to buy a Tesla, or you can use a Bitcoin wallet on your smartphone to make everyday purchases. However, using virtual currency has federal income tax...

The Benefits of Blockchain Technology for Manufacturers

To succeed in the 21st century, manufacturers must embrace the latest technological innovations. As part of this trend, factories around the world are becoming increasingly interrelated using blockchain technology. Although the concept is shared by businesses in...

Profit-Sharing Plans for Small Employers

Small employers can still provide their team members with an excellent retirement plan option. The IRS provides insights on profit sharing in the following. Overview A profit-sharing plan has the same contribution limits as a Simplified Employee Pension (SEP) Plan;...

Contractors: Prevent Profit Fade On Your Projects

Have you ever completed a job only to realize that the cost of performing the work equals or exceeds the revenue that the project brought in? Experts call this profit fade. If it occurs repeatedly, profit fade can prove fatal to your business. Although profit fade...

Tax Considerations When Closing Your Corporation or Pass-Through Entity

Economic fallout from the COVID-19 pandemic has caused some small businesses to permanently close. No owner plans to close when entering into business, so the tax implications may not be front of mind when it comes time to shut operations down. The following provides...

The Tax Implications of Closing a Schedule C Business

Closing a business has important federal income tax implications that owners should understand. The following provides tax information owners of sole proprietorships and single-member (one-owner) limited liability companies (SMLLCs) need to know. Reporting Gains,...

New Requirements for Contributed Nonfinancial Assets

Last September, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2020-07 regarding the disclosure and presentation of contributed nonfinancial assets. The update seeks to increase transparency about how these types of assets are...

Not Too Late for COVID Assistance

Thankfully, the spread of the coronavirus has decreased drastically, but its impact on nonprofit organizations will continue for a long time. If your organization has not already taken advantage of all available programs to help nonprofits, some assistance options...