What Your Nonprofit Needs for a Successful Capital Campaign
Many nonprofits have put major purchases and other ambitious initiatives on hold during the pandemic. But if you need to buy or expand a facility, purchase expensive equipment, or seed […]
Category: Articles
IRS Information Letter 6419 for Advance Child Tax Credit May Contain Incorrect Information
The IRS announced Monday that recipients of Letter 6419, which addresses 2021 advance Child Tax Credit (CTC) payments, should double-check the information it contains, as some letters may provide outdated […]
How Start-up Expenses are Claimed on Tax Returns
While some businesses have closed since the start of the COVID-19 crisis, many new ventures have launched. Entrepreneurs have cited a number of reasons why they decided to start a […]
Big, Small or In-Between: Your Nonprofit’s Board Size is Up to You
When a nonprofit is new, it may struggle to find an adequate number of board members. But as it grows, its board is also likely to grow — sometimes, to […]
Why Manufacturers Can’t Afford to Ignore Cybersecurity
Manufacturers may have a false sense of calm when it comes to cybersecurity. They might incorrectly assess that their risk of a cyberattack is low because they don’t sell products […]
Technology and New Service Mix Help Blunt Impact of Great Resignation
The “Great Resignation” is getting a lot of attention these days, and deservedly so. The phrase refers to the massive number of American workers – about 4.4 million – who […]
To Prove Fraud, You Need to Preserve Evidence
Prevention is the heart of any fraud mitigation program. But sometimes even solid internal controls fail (because, for example, a manager overrides controls) and occupational fraud occurs. If you suspect […]
2022 Part B Fee Schedules & Industry Updates
With the New Year upon us, HW&Co. would like to wish you a happy, healthy and prosperous New Year. The New Year always brings many changes to the Long-Term Care […]
Numerous Tax Limits Affecting Businesses Have Increased for 2022
Many tax limits that affect businesses are annually indexed for inflation, and a number of them have increased for 2022. Here’s a rundown of those that may be important to […]
Rough Tax Filing Season Ahead
The US tax filing season will begin on January 24th, and multiple issues will likely complicate and slow down tax-return preparation. The AICPA has been calling upon the Internal Revenue […]
Handle Your Nonprofit’s Restricted Gifts with Care
Most not-for-profits encourage donors to make unrestricted contributions that will give the organization flexibility to use the money where it’s needed most. But there will always be some donors who […]
When Subsequent Events Count
The value of a business interest is valid as of a specific date. The effective date is a critical cutoff point because events that occur after that date generally are […]
