Nov 19, 2019 | Blog, Community, Non-Profit
Accounting for contributions and grants has often proven complicated for not-for-profits, especially when they come with donor-imposed conditions. But 2018 guidance from the Financial Accounting Standards Board (FASB) provided some much-needed clarification of earlier...
Jun 25, 2019 | Blog, Community, Small Business Taxes, Tax Law, Taxes
Is your business hiring this summer? If the employees come from certain “targeted groups,” you may be eligible for the Work Opportunity Tax Credit (WOTC). This includes youth whom you bring in this summer for two or three months. The maximum credit employers can claim...
Jun 7, 2019 | Blog, Community, Individual Taxes, Life, Small Business Taxes, Taxes
If you’re a business owner and you hire your children (or grandchildren) this summer, you can obtain tax breaks and other nontax benefits. The kids can gain on-the-job experience, save for college and learn how to manage money. And you may be able to: Shift your...
May 10, 2019 | Blog, Community, Life, Our World, Wealth
One of the biggest challenges in the accounting and financial world is the existence of the unknown future. There is much about life we simply cannot control despite our best plans and predictions. Many outside factors either support or diminish our finances and...
Apr 16, 2019 | Blog, Community, Non-Profit, Our World
Celebrities — whether they’re Hollywood stars, hometown sports heroes or local TV news anchors — can provide a big boost to the not-for-profits they publicly support. The flip side is that stars can also harm an organization by association. Accusations connected with...
Mar 21, 2019 | Blog, Community, Life, Our World
March 18, 2019, 3:29 PM EDT / Source: TODAY By Rachel Paula Abrahamson More than 2 million people watched — and wept — as Rion Holcombe, a 20-year-old man with Down syndrome, joyfully opened an acceptance letter from South Carolina’s Clemson University in 2013. Behind...
