The Committee of Sponsoring Organizations of the Treadway Commission (COSO) recently published new guidance on how companies can promote “risk appetite” as part of dec
The IRS and the U.S. Treasury had disbursed 160.4 million Economic Impact Payments (EIPs) as of May 31, 2020, according to a new report.
The extended federal income tax deadline is coming up fast.
There are many ways for a not-for-profit organization to lose its tax-exempt status — including participating in lobbying and campaign activities, receiving excessive
Just last week, the Small Business Administration (SBA) announced that it has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance program to eligible ap
The CARES Act among many other things, granted a waiver from taking Required Minimum Distributions (RMDs) from retirement accounts for 2020. In addition, it granted a
As you may have heard, the Coronavirus Aid, Relief and Economic Security (CARES) Act allows “qualified” people to take certain “coronavirus-related distributions” from
While the COVID-19 crisis has devastated many existing businesses, the pandemic has also created opportunities for entrepreneurs to launch new businesses.
The 2020 presidential election is fast approaching and your not-for-profit has a stake in its outcome.
Just about every business owner’s strategic plans for 2020 look far different now than they did heading into the year.
If you operate a small business, or you’re starting a new one, you probably know you need to keep records of your income and expenses.
Traditionally, spring and summer are popular times for selling a home. Unfortunately, the COVID-19 crisis has resulted in a slowdown in sales.
Outsourcing may appeal to organizations that are currently struggling with mounting overhead costs during the COVID-19 crisis.
In times of turmoil, your board of directors should be your not-for-profit’s rock-solid foundation.
As you may recall, the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) back in April to help companies reeling from the economic imp
The recent riots around the country have resulted in many storefronts, office buildings and business properties being destroyed.
If you’re age 65 and older, and you have basic Medicare insurance, you may need to pay additional premiums to get the level of coverage you want.
In yet another attempt to clarify and expand the Paycheck Protection Program (PPP), Congress passed and on June 5, 2020 the President signed the Paycheck Protection Pr
Many companies struggle to close the books at the end of the month. The month-end close requires accounting personnel to round up data from across the organization.
Every two years, the Association of Certified Fraud Examiners (ACFE) publishes what has become the definitive guide for preventing and detecting workplace fraud.
For business owners, succession planning is ideally a long-term project.
It’s often difficult for married couples to save as much as they need for retirement when one spouse doesn’t work outside the home — perhaps so that spouse can take ca
Restaurants and entertainment venues have been hard hit by the novel coronavirus (COVID-19) pandemic.