How efficient is your not-for-profit? Even tightly run organizations can use some improvement — particularly in the accounting area.
Business owners are constantly bombarded with terminology and buzzwords.
A tried-and-true year-end tax strategy is to make charitable donations. As long as you itemize and your gift qualifies, you can claim a charitable deduction.
With millions of dollars at stake, an overextended real estate developer has a lot to lose if lack of funds causes a project to collapse.
The Tax Cuts and Jobs Act (TCJA) didn’t change the federal tax credit for “increasing research activities,” but several TCJA provisions have an indirect impact on the
In the not-so-distant past, charity watchdog groups such as GuideStar, Charity Navigator and the Better Business
Protecting your company through the purchase of various forms of insurance is a risk-management necessity.
When you spend years growing a company from inception, it’s not always easy moving on when the time comes.
Strong internal controls can help prevent and detect fraud.
When a business is launched, its owners typically welcome every customer through the door with a sigh of relief.
Do you prepare internal financial statements for your board of directors on a monthly, quarterly or other period
Many people choose to pass assets to the next generation during life, whether to reduce the size of their taxable e
Online shopping enables consumers to buy almost anything from the convenience of their own homes.
As we approach the end of the year, it’s a good idea to review your business’s expenses for deductibility.
Audit opinions differ depending on the information available, financial viability, errors discovered during audit p
Not-for-profits often struggle with valuing noncash and in-kind donations.
Is your sales process getting off-balance? Sometimes it can be hard to tell.
Section 529 plans are a popular education-funding tool because of tax and other benefits.
Your company has landed a lucrative new account, and the customer has already placed several small orders, paying i
In today’s tightening job market, to attract and retain the best employees, small businesses need to offer not only competiti
If you’re age 70½ or older, you can make direct contributions — up to $100,000 annually — from your IRA to qualifie
Companies will be able to capitalize, or spread out the costs of, setting up pricey business systems that operate o
To protect the organization, demonstrate openness and support the greater good, your not-for-profit needs to embrac
The President signing the Tax Cuts and Jobs Act into legislation on December 22, 2017 brings the most significant tax law changes in over 30 years.
By Anthony W. Rapp, CPA, CFE, CGMA
Businesses that acquire, construct or substantially improve a building — or did so in previous years — should consi
Companies often grant licenses to others allowing them to use intellectual property — such as a patent or proprieta