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Why excess benefit transactions are out-of-bounds Why excess benefit transactions are out-of-boundsNonprofit

Why excess benefit transactions are out-of-bounds

Emily was a dedicated board member of her community’s most prominent social-services charity. But her…
Diana
DianaDecember 15, 2021
Preparing your nonprofit for an enviable challenge Nonprofit

Preparing your nonprofit for an enviable challenge

Contending with a large outpouring of support sounds like a problem any not-for-profit would embrace.…
Diana
DianaDecember 15, 2021
With year-end approaching, 3 ideas that may help cut your tax bill With year-end approaching, 3 ideas that may help cut your tax billIndividuals

With year-end approaching, 3 ideas that may help cut your tax bill

If you’re starting to worry about your 2021 tax bill, there’s good news — you…
Diana
DianaDecember 15, 2021
New digital asset reporting requirements will be imposed in coming years New digital asset reporting requirements will be imposed in coming yearsIndividuals

New digital asset reporting requirements will be imposed in coming years

The Infrastructure Investment and Jobs Act (IIJA) was signed into law on November 15, 2021.…
Diana
DianaDecember 15, 2021
Use change management to brighten your company’s future Use change management to brighten your company’s futureBusiness

Use change management to brighten your company’s future

Businesses have had to grapple with unprecedented changes over the last couple years. Think of…
Diana
DianaDecember 15, 2021
Coming soon: New accounting rule on government assistance disclosures Coming soon: New accounting rule on government assistance disclosuresAccounting

Coming soon: New accounting rule on government assistance disclosures

On November 17, the Financial Accounting Standards Board (FASB) issued a new accounting standard on…
Diana
DianaDecember 15, 2021
Employee Retention Credit Update Accounting

Employee Retention Credit Update

NOTICE 2021-65 The Employee Retention Credit (ERC) was extended through December 31, 2021, under the…
Diana
DianaDecember 10, 2021
IRS announces adjustments to key retirement plan limits IRS announces adjustments to key retirement plan limitsBusiness

IRS announces adjustments to key retirement plan limits

In Notice 2021-61, the IRS recently announced 2022 cost-of-living adjustments to dollar limits and thresholds…
Diana
DianaDecember 9, 2021
Are you ready for the upcoming audit season? Are you ready for the upcoming audit season?Accounting

Are you ready for the upcoming audit season?

An external audit is less stressful and less intrusive if you anticipate your auditor’s document…
Diana
DianaDecember 9, 2021
Infrastructure law sunsets Employee Retention Credit early Infrastructure law sunsets Employee Retention Credit earlyBusiness

Infrastructure law sunsets Employee Retention Credit early

The Employee Retention Credit (ERC) was a valuable tax credit that helped employers survive the…
Diana
DianaNovember 29, 2021
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