Newsletter
Avoid Common Nonprofit Financial-Reporting Errors
Nonprofit organizations tend to make almost two times more accounting errors on their public financial statements than similarly-sized for-profit companies; that is according to a study by an associate professor…
IRS Outlines Exempt Organization’s 2016 Priorities
The IRS Tax Exempt and Governmental Entities Division recently issued their 2016 priorities. Exempt Organizations (EO’s) overarching compliance strategy is to ensure organizations enjoying tax-exempt status comply with the requirements…
Impact of New Flood Insurance – What You Need to Know
The National Flood Insurance Act of 1968 and Flood Disaster Protection Act of 1973 (FDPA), as amended, govern the National Flood Insurance Program (NFIP). Among other things, these statutes require…
What is Love?
After surviving Valentine’s Day now is a great time to talk about love and money especially if you spent more than you should have on February 14th. In 2015, Valentine’s…
Financial Literacy Month is Coming: Are You Ready?
In an age where few things are still taboo topics, we need to recognize how life-changing it can be to talk about and learn about money. In 2004, Resolution 316…
Congress Passes the PATH Act of 2015 and Makes Changes to Social Security in the Final Quarter of 2015
Keeping year-end tax planning interesting right up until the end, Congress acted in late December to pass The Protecting Americans from Tax Hikes (PATH) Act of 2015. This bill addresses…
Managing New Year’s Resolutions – A Financial Perspective
Happy New Year! As you celebrated the end of 2015 and start of 2016, you probably spent a few moments reflecting on where life has brought you and envisioning where…
Mercadien Foundation’s $martWorkplace Roundtable Energizes Community Leaders
We all need better ways to connect with and understand financial information; luckily, big change is underway. The Mercadien Foundation sponsored a roundtable discussion at its office in early February…
Properly Allocate Your Combined Business & Vacation Travel Expenses
If you go on a business trip within the U.S. and add on some vacation days, you know you can deduct some of your expenses. The question is how much.…
How Buy-Sell Agreements Can Ensure Continuity
If you own a closely held business with at least one other partner, certain steps can be taken to guard against business disruption if you or the partner unexpectedly dies…