Nonprofits and Insurance: Getting It Just Right By: Helen Weeber Whether you’re starting up a not-for-profit organization or your nonprofit has existed for years, you may have questions about insurance. For starters: What kind do you need? How much? Are […]
Selling a Private Business? A Valuation Pro Can Provide Peace of Mind By: James Horkey Mergers and acquisitions can be stressful for entrepreneurs who have invested blood, sweat and tears in their businesses — or second-generation owners who are selling their parents’ legacies. Setting the […]
Education Benefits Help Attract, Retain and Motivate Employees By: David M. Reape One popular fringe benefit is an education assistance program that allows employees to continue learning and perhaps earn a degree with financial assistance from their employers. One way to attract, […]
What If You Receive a Letter or Notification From the IRS? Receiving a letter or notice from the IRS can be disconcerting, but don’t be alarmed. The IRS sends letters to taxpayers for a variety of reasons, including when it has questions […]
Keeping in Compliance With Uniform Guidance By: Helen Weeber If your not-for-profit receives significant federal funds, it may be subject to the Office of Management and Budget’s Administrative Requirements, Cost Principles, and Audit Requirements (Uniform Guidance). And if your […]
Big Data Analytics Can Transform Your Manufacturing Business By: Kim Zagar CPA What if you could improve product quality, increase productivity, reduce waste and minimize variability with only minor adjustments to your manufacturing process? That’s the promise of big data analytics. Data […]
Nonprofits: What’s on Your Mind? HW&Co. and Community Leader Magazine want to know what’s keeping you up at night. Your Opinion Matters Please take our two-minute survey. We’re dedicated to making a positive impact in […]
Got Fraud? Call a Forensic Accountant By: Tony LaNasa Fraud perpetrated by employees, management, vendors or customers can happen to any business. And if it does, it can take years to recover from the financial losses and reputational damage. […]
4 Ways Corporate Business Owners Can Help Ensure Their Compensation Is “Reasonable” By: David M. Reape If you’re the owner of an incorporated business, you know there’s a tax advantage to taking money out of a C corporation as compensation rather than as dividends. The reason: […]
Take Advantage of the Rehabilitation Tax Credit When Altering or Adding to Business Space By: James Reynolds If your business occupies substantial space in a certified historic structure and needs to increase or move from that space in the future, you should keep the rehabilitation tax credit […]
How Safe Are Your Business’s Paper Checks? By: Tony LaNasa Recently, the Financial Crimes Enforcement Network (FinCEN) told U.S. financial institutions to exercise caution when processing paper checks because they might be fake. Paper checks? Didn’t those go the way […]
Retirement Saving Options for Your Small Business: Keep it Simple By: Mary Eileen Vitale CPA CFP AEP If you’re thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial commitment and administrative burdens involved, there are a couple of […]