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Should You Outsource Your Accounting Functions

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....

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Audits Are Essential to Your Organization’s Health

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...

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How Virtual Currency Transactions Affect Your Tax Situation

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...

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The Benefits of Blockchain Technology for Manufacturers

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...

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