Are Your Nonprofit Board Meetings as Efficient as They Could Be?
According to BoardSource, nonprofit boards that meet monthly should be able to wrap up all business in one to two hours. If your meetings are going longer, it may be […]
Category: Articles
AI Revolutionizes Manufacturing
Artificial intelligence (AI) has been making waves in manufacturing for some time, but its adoption has surged dramatically in recent years. In 2023, investments in AI within the manufacturing sector […]
Do You Know When Your Nonprofit’s Debt-Financed Income is Subject to Tax?
If your nonprofit has investment income, dividends, interest, rents and annuities, they’re generally excluded when calculating unrelated business income tax (UBIT). However, income from debt-financed property typically is taxable. So […]
Do You Have a Fraud Disaster Plan?
Your business likely has a disaster plan for emergencies like fires, natural disasters, or terrorist attacks that could disrupt operations and endanger lives. While a fraud contingency plan might […]
Shine the Spotlight on Your Team as You Exit Your Company
When a business owner is on the offramp to exiting the company, an important part of the planning and communication involves questions around what the company will look like when […]
Addressing Workers’ Comp Fraud
Workers’ compensation insurance offers essential medical care and financial support to employees injured or incapacitated at work. Unfortunately, this benefit is sometimes exploited by dishonest individuals. According to the Coalition […]
HW&Co. Named a 20-time NorthCoast99 Winner!
HW&Co. is proud to be named one of 99 great workplaces in Northeast Ohio for the 20th time, more than any other regional CPA firm in northeast Ohio. This award […]
Restricted gifts: What to do when strings are attached
Brad, the development director of an international environmental charity, was thrilled to learn from a fundraising staffer that one of the charity’s past supporters was promising to make a new, […]
Valuing a business for a dissenting or oppressed shareholder case
Shareholders who own a minority interest in a business may not always agree with key decisions made by controlling shareholders. For instance, a minority shareholder might object to a stock-for-stock […]
Taxes on Real Estate Gains
Let’s say you own real estate that has been held for more than one year and is sold for a taxable gain. Perhaps this gain comes from indirect real estate […]
Make Your Board Retreat Productive
Maybe you think having a board retreat would be nice, but because your not-for-profit organization has a tight budget, you think it’s not necessary. However, consider the benefits. A retreat […]
Business Taxation: What Lies Ahead?
Get ready: The upcoming presidential and congressional elections may significantly alter the tax landscape for businesses in the United States. The reason has to do with a tax law that’s […]
