Finding Federal, State, and Local Government Grants

Finding Federal, State, and Local Government Grants

Most not-for-profits count on donors to keep their organization humming on all cylinders. But if donations start to slow down due to factors beyond your control, such as high inflation or economic weakness, how will you fill budget gaps? If you have not done so...

read more
Update on Retirement Account RMDs

Update on Retirement Account RMDs

If you have a tax-favored retirement account, you generally must take required minimum distributions (RMDs) each year after you reach the “magic” age. If you do not take RMDs, you will be hit with an expensive federal tax penalty, unless an exception applies. (See...

read more
What Can You Do to Lower Your 2023 Tax Obligation

What Can You Do to Lower Your 2023 Tax Obligation

Although summer is a time for vacations and relaxing in the backyard, you cannot afford to take a break from managing your tax bill. Now is a good time to consider proactive moves that could cut your 2023 tax liability. Assuming the current federal tax rules will...

read more
Is Payroll Fraud Occurring at Your Company

Is Payroll Fraud Occurring at Your Company

Payroll is often a company’s most significant expense. Unfortunately, theft within the payroll system can result if internal controls are not in place and steps are not taken to detect fraudulent activity in the company’s records. But there is good news: Payroll fraud...

read more
Don’t Jeopardize Your Nonprofit’s Tax-Exempt Status

Don’t Jeopardize Your Nonprofit’s Tax-Exempt Status

The tax-exempt status of a 501(c)(3) organization is its lifeblood. Without it, most not-for-profits could not obtain the financial and other support they need to fulfill their mission. That is why you need to protect your exempt status at all costs. Six Violations...

read more
Strategic Tax-Planning Q&As for Construction Businesses

Strategic Tax-Planning Q&As for Construction Businesses

To maximize their tax savings, construction business owners need to plan year-round. Strategic tax planning is about not only knowing which credits and deductions your company can claim, but also minding other important details. Here are some questions to ask yourself...

read more