Social Networks
May 2019
Tax-smart domestic travel: Combining business with pleasure
Summer is just around the corner, so you might be thinking about getting some vacation time.
Conflicts of interest: When employees aren’t on your side
One of the governing principles of the employee/employer relationship is that employees have a fiduciary duty to act in their employer’s interests.
Protect your nonprofit by cross-training staff
What would happen if one of your managers was suddenly forced to take long-term disability leave? Or an accounting staffer quit without notice?
Targeting and converting your company’s sales prospects
Companies tend to spend considerable time and resources training and upskilling their sales staff on how to handle existing customers.
Predicting future performance
CPAs typically report historical financial performance. But sometimes they’re hired to predict how a company will perform in the future.
Build long-term relationships with CRM software
Few businesses today can afford to let potential buyers slip through the cracks.
Does your nonprofit need a CFO?
Your not-for-profit’s ability to pursue its mission depends greatly on its financial health and integrity.
Antifraud checklist for construction companies
According to the Association of Certified Fraud Examiners’ Report to the Nations: 2018 Global Study on Occupational Fraud and Abuse, organizations victimized by fraud
Hire your children this summer: Everyone wins
If you’re a business owner and you hire your children (or grandchildren) this summer, you can obtain tax breaks and other nontax benefits.
Close-up on financial statements
There are three types of financial statements under U.S. Generally Accepted Accounting Principles (GAAP).
Don’t let a disaster defeat your nonprofit
Most not-for-profits are intensely focused on present needs, not the possibility that disaster will strike sometime in the distant future.
The simple truth about annual performance reviews
There are many ways for employers to conduct annual performance reviews.
How to spot influencer fraud
To increase brand awareness and influence consumer behavior, businesses of all sizes spend vast amounts on social media marketing.
Consider a Roth 401(k) plan — and make sure employees use it
Roth 401(k) accounts have been around for 13 years now. Studies show that more employers are offering them each year.
Comparing internal and external audits
Businesses use two types of audits to gauge financial results: internal and external. Here’s a closer look at how they measure up.
Developing a fundraising plan that works
A not-for-profit can have many strengths — a prominent board of directors, dedicated volunteers, committed staff members and effective programs — and still struggle to
Buy vs. lease: Business equipment edition
Life presents us with many choices: paper or plastic, chocolate or vanilla, regular or decaf. For businesses, a common conundrum is buy or lease.
Uncover bogus resumé claims — and prevent bad hires
Job applicants aren’t always honest on their resumés.
What type of expenses can’t be written off by your business?
If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed.
Lean manufacturers: Reap the benefits of lean accounting
Standard cost accounting doesn’t necessarily work for lean operations.
Should your health care plan be more future-focused?
The pace of health care cost inflation has remained moderate over the past year or so, and employers are trying to keep it that way.
Can “collective impact” help your nonprofit accomplish more?
Not-for-profits increasingly are taking on big issues, such as global warming and economic development.
