A complete set of financial statements for your business contains three reports.
When not-for-profits first start up, fundraising can be an ad hoc process, with intense campaigns followed by fallow periods.
Most business owners would likely agree that strategic planning is important. Yet many companies rarely engage in active measures to gather and discuss strategy.
More than 43 million student borrowers are in debt with an average of $39,351 each, according to the research group EducationData.org.
Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally?
Analytical software tools will never fully replace auditors, but they can help auditors do their work more efficiently and effectively.
The COVID-19 pandemic has dramatically affected the way people interact and do business.
The global market for human resources outsourcing was approximately $32.8 billion in 2020 and is projected to rise to $45.8 billion by 2027, according to market resear
If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes.
Despite the COVID-19 pandemic, government officials are seeing a large increase in the number of new businesses being launched.
Businesses rely on internal controls to help ensure the accuracy and integrity of their financial statements, as well as prevent fraud, waste and abuse.
Your not-for-profit may prefer to avoid activities that subject it to unrelated business income tax (UBIT).
No matter the size or shape of a business, one really can’t overstate the importance of sound accounts receivable policies and procedures.
Do you have significant investment-related expenses, including the cost of subscriptions to financial services, home office expenses and clerical costs?
There’s a harsh tax penalty that you could be at risk for paying personally if you own or manage a business with employees.
Agility — or the ability to react quickly — is essential to surviving and thriving in today’s competitive landscape.
Cryptocurrency has gone mainstream, and if you’ve been sitting on the fence about accepting donations in virtual currency, it’s time to make a decision.
As mitigation measures related to COVID-19 ease, it will be interesting to see which practices and regulatory changes taken in response to the pandemic remain in place
The IRS just released its audit statistics for the 2020 fiscal year and fewer taxpayers had their returns examined as compared with prior years.
Are you eligible to take the deduction for qualified business income (QBI)?
Among the only certainties of business technology is that it will continue changing.
Many types of businesses — such as homebuilders and manufacturers — turn raw materials into finished products for customers. Production is a continuous process.
Married couples may not be able to save as much as they need for retirement when one spouse doesn’t work outside the home — perhaps so that spouse can take care of chi
During the pandemic, your not-for-profit may have been forced to operate without your dedicated volunteers.