Got an endowment? You need an investment advisor
Since the beginning of the pandemic, financial markets have been riding a roller coaster. This volatility is a good reminder that if your nonprofit has an endowment, it could benefit […]
Category: Articles
What goes into a fraud damages calculation?
At first glance, calculating restitution for fraud damages may seem relatively simple. If someone steals $10,000 from a company, that person should repay that amount, perhaps with interest, right? Not […]
CMS Issues FY 2022 Medicare SNF PDPM Rates Effective October 1, 2021
The Centers for Medicare & Medicaid Services (CMS) published the final rule updating Medicare rates for skilled nursing facilities for federal Fiscal Year (FY) 2022 in the August 4, 2021 […]
M&A transactions: Be careful when reporting to the IRS
Low interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021, according to Refinitiv, a provider of financial data. It reports […]
HW&Co. Recognized as a Best Workplace in Ohio
Ohio Business Magazine recently recognized HW&Co. as one of the Best Workplaces in Ohio, for 2021. This year is the fifth annual Best Workplaces in Ohio list, highlighting those companies […]
Tax depreciation rules for business automobiles
If you use an automobile in your trade or business, you may wonder how depreciation tax deductions are determined. The rules are complicated, and special limitations that apply to vehicles […]
Trade associations: prioritize common interests, not individual services
Watch out, nonprofit trade associations! If your group is a 501(c)(6) organization, your activities could potentially threaten your tax-exempt status. To ensure you’re in compliance with IRS rules, you need […]
No disaster scammer is safe from the NCDF
What do COVID-19, major hurricanes, and West Coast wildfires have in common? All three have attracted scam artists, who have bilked disaster victims, charitable donors, insurance companies, and government agencies […]
Tax breaks to consider during National Small Business Week
3 Tax Breaks The week of September 13-17 has been declared National Small Business Week by the Small Business Administration. To commemorate the week, here are three tax breaks to […]
60-Day Grace Period for PRF Reporting & $25.5 Billion New PRF Funding Available
Announcing 60-Day Grace Period – PRF Reporting Period 1 The September 30, 2021 Reporting Period 1 deadline has not changed; however, in response to challenges providers are facing given the […]
Even nonprofits can benefit from AI technology
You might think that artificial intelligence (AI) is just about using computers to perform complex tasks that otherwise would require human intelligence. That’s part of it. But several technologies fall […]
3 ways fraud experts use data analytics
Forensic accountants have long used technological tools to uncover fraud schemes. But recent advances in “big data” have provided even better, more efficient techniques for identifying suspicious activities and dishonest […]
